Question: Current Attempt in Progress Oriole Company is constructing a building. Construction began on January 1 and was completed on December 3 1 . Expenditures were

Current Attempt in Progress
Oriole Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6380000 on March 1, $5250000 on June 1, and $8050000 on December 31. Oriole Company borrowed $3250000 on January 1 on a 5year, 12% note to help finance the construction of the building. In addition, the company had outstanding all year a 10%,3-year, $6380000 note payable and an 11%,4-year, $12350000 note payable.
To which of the following is the balance of the building account at December 31 closest? (Round weighted-average interest rate percentage to 2 decimal places, e.g.52.75. And final answer to 0 decimal places, e.g.5,275.)
$9315936
$21129731
$20616769
$19680000
101
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Current Attempt in Progress Oriole Company is

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