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Whit Company spent a total of $ 6 0 0 , 0 0 0 cash on a construction project during Year 1 and Year 2

Whit Company spent a total of $600,000 cash on a construction project during Year 1 and Year 2. During Year 3, Whit spends an additional $1,200,000 evenly during the year on the project and completes construction at the end of Year 3. Debt outstanding during Year 3 follows.
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