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Business, 02.06.2021 04:50 kimberlynassar1962

Sheridan Company borrowed $3200000 on a construction loan at 12% interest on January 2, 2020. This loan was outstanding during the construction period. The company also had $13800000 in 9% bonds outstanding in 2020 and 2021. The interest capitalized for 2020 was:

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Sheridan Company borrowed $3200000 on a construction loan at 12% interest on January 2, 2020. This l...
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