Question: Answer is D, please explain why 2) On Jan 1, 2021, Dreamworld Co. began constructing a new warehouse. The building was finished and ready for

Answer is D, please explain why 2) On Jan 1, 2021, Dreamworld

Answer is D, please explain why

2) On Jan 1, 2021, Dreamworld Co. began constructing a new warehouse. The building was finished and ready for use on Sep 30, 2022. Expenditures on the project were as follows: Dreamworld had $6,500,000 in 12% bonds outstanding through both years. Dreamworld's capitalized interest in 2021 was: a. $39,600. b. $69,300. c. $79,200. d. $59,400

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