Business, 21.08.2020 19:01, dbanks701

g Cole Co. began constructing a building for its own use in January 2021. During 2021, Cole incurred interest of $50,000 on specific construction debt, and $20,000 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during 2021 was $40,000. What amount of interest should Cole capitalize

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g Cole Co. began constructing a building for its own use in January 2021. During 2021, Cole incurred...