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Sunland Company is constructing a building Construction began on February 1 and was completed on...

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Accounting

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Sunland Company is constructing a building Construction began on February 1 and was completed on December 32 Expenditures. were $1,944,000 on March 1.\$1.224,000 on June 1. and \$3,032,000 on December 31. compary had outstanding all year a 9%,5 year, $2,206,000 note payable and an 105\% 4 year, $3,702,000 note payable Comptite avoidable interest for Sunland Company. Use the weighted-averase interest rate for interest cipitalizatlon purposes. (Round weishts o) Avoldable interes: 5

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