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On January 1,2024 , a company began construction of a new warehouse. The...

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Accounting

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On January 1,2024 , a company began construction of a new warehouse. The building was finished and ready for use on September 30,2025 . Expenditures on the project were as follows: The company had $5,700,000 in 10% bonds outstanding through both years. Capitalized interest in 2024 was: Multiple Choice $32,100. $47,800 $64,200. $55,825

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