A company constructs a building for its own use. Construction began on January 1 and ended on December 31. The expenditures for construction were as follows: January 1, $500,000; March 31, $600,000; June 30, $400,000; October 30, $600,000. To help finance construction the company arranged a 7% construction loan on January 1 for $1,500,000. Assuming the company uses the specific interest method, calculate the amount of interest capitalized for the year.

answer; ///i believe the correct answer is(e) complementary to each other;

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!