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Zim Zimmy was in the second year of the construction of its new equipment. In 2020 $3 million was evenly spent, incremental borrowing rate $12%,

Zim Zimmy was in the second year of the construction of its new equipment. In 2020 $3 million was evenly spent, incremental borrowing rate $12%, interest incurred in 2020 was $145,000. What amount should be reported as capitalized interest?

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