During 2017, Barden Building Company constructed various assets at a total cost of $12,600,000. The weighted...

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During 2017, Barden Building Company constructed various assets at a total cost of $12,600,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2017 were $8,742,000. The company had the following debt outstanding at December 31, 2017: 1096, 5-year note to finance construction of various assets, dated January 1, 2017, with interest $5,262,000 6,123,000 3,061,500 payable annually on January 1 12%, ten-year bonds issued at par on December 31, 2011, with interest payable annually on December 31 2. 3, Compute the amounts of each of the following. 9%, 3-year note payable, dated January 1, 2016, with interest payable annually on January 1 1. Avoidable interest 2. Total interest to be capitalized during 2017s

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orfo Nolo 7338,000 12600.0oo 333380 6123.000 3061S I8HSoO oo 19% Tolal L1O 5,26,200 134 760 1333 380

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