Question: on dec 3 1 she borrowed 3 4 2 0 0 0 0 at 1 2 % payable annualyy to finance tje construction of a

on dec 31 she borrowed 3420000 at 12% payable annualyy to finance tje construction of a new buildimg in 2025 tje company made the following expenditures related to this building marcj 1410000 jume 1694000 july 11710000 dec 11710000 tje building was completed in fen 2026 additional info is provided
1. other debt outstanding
10 year 13% bond dec 31,2018 interest payae annualy 4560000
6 year 10% note dated dec 312022 imterest payable anually 1824000 march 12025 expenditure include land cost 171000 interst revenue of 55860 earned in 2025. determine tje anount of imterest to be capitalized in 2025 i relation to the construction of the building

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