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Use the following information for questions 38-41, On January 1, 2020. George River Groves began construction of a new citrus processing plant. The automated plant

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Use the following information for questions 38-41, On January 1, 2020. George River Groves began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: January 2, 2020 September 1, 2020 December 31, 2020 March 31, 2021 September 30, 2021 $ 400.000 1,200,000 1,200,000 1,200,000 800.000 George River Groves borrowed 52,200.000 on a construction loan at interest on January 1, 2020. This loan was outstanding during the construction period. The company also had $8,000,000 in 9m bonds outstanding in 2020 and 2021 What were the weighted average secumulated expenditures for 20207 QUESTION 39 If the correct interest capitalired for 2020 is $96.000 then what is the 58 loan's interest rate? Har I your very 3 wr43 What dollar amount impact does the September 2021 expenditure have on WAC for 2021? QUESTION 41 What is the WAC for 20217

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