Question: Computing and Recording Interest Capitalization Weld Corporation is constructing a plant for its own use. Weld capitalizes interest on an annua Note: Round all of

 Computing and Recording Interest Capitalization Weld Corporation is constructing a plant

Computing and Recording Interest Capitalization Weld Corporation is constructing a plant for its own use. Weld capitalizes interest on an annua Note: Round all of your answers to the nearest whole number or whole percentage point. a. Compute the amount of interest to be capitalized during the year. Amount of interest to be capitalized during the year: $ b. Calculate the amount of interest expense for the year

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