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Sunshine Company began construction of a new facility and took out a $ 1 , 5 0 0 , 0 0 0 , 1 2
Sunshine Company began construction of a new facility and took out a $ construction loan on April Sunshine made payments to the general contractor of $ on April $ on August and $ on December
Required:
a Compute the amount of interest that Sunshine Company would capitalize in
b What are the requirements for the interest capitalization period to begin? This is a conceptual question.
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