Business, 24.06.2020 19:01 Flowershere121

During 2020, Bramble Corp. incurred weighted-average accumulated expenditures of $1580000 during construction of assets that qualified for capitalization of interest. The only debt outstanding during 2020 was a $2010000, 9%, 5-year note payable dated January 1, 2020. What is the amount of interest that should be capitalized by Bramble during 2020

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During 2020, Bramble Corp. incurred weighted-average accumulated expenditures of $1580000 during con...