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wood 1.50 Bader Corporation constructed assets costing 1,000,000 During 2021, The weighted average accumulated expenditures on these assets during 2021 was 600,000. To help pay

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wood 1.50 Bader Corporation constructed assets costing 1,000,000 During 2021, The weighted average accumulated expenditures on these assets during 2021 was 600,000. To help pay for construction, 440,000 was borrowed at 10% on January 1, 2021, and funds not needed for construction were temporarily invested in short-term securities, yielding 9,000 in interest revenue. Other than the construction funds borrowed, the only other debt outstanding during the year was a 500,000, 10-year, 9% note payable dated January 1, 2023. What is the amount of interest that should be capitalized by Bass during 2021? a. 49,400 O b. 60,000 Oc51.000. O d. 58,400

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