During 2020, Crane Company constructed assets costing $3900000. The weighted-average accumulated expenditures on these assets during 2020 was $2300000. To help pay for construction, $1710000 was borrowed at 9% on January 1, 2020, and funds not needed for construction were temporarily invested in short-term securities, yielding $30000 in interest revenue. Other than the construction funds borrowed, the only other debt outstanding during the year was a $1900000, 10-year, 8% note payable dated January 1, 2014. What is the amount of interest that should be capitalized by Crane during 2020

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3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)