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The following situation involve the capitalization of interest. Bramble, Inc. has a fiscal year ending June 30. On July 1, 2017, Bramble borrowed $5,500,000 at

The following situation involve the capitalization of interest. Bramble, Inc. has a fiscal year ending June 30. On July 1, 2017, Bramble borrowed $5,500,000 at 10% to finance construction of its own...

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