Question: On January 1 , 2 0 2 3 , Dreamworld Co . began construction of a new warehouse. The building was finished and ready for

On January 1,2023, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30,2024. Expenditures on the project were as follows:
January 1,2023 $ 300,000
September 1,2023 $ 450,000
December 31,2023 $ 450,000
March 31,2024 $ 450,000
September 30,2024 $ 300,000
Dreamworld had a $50,000 construction loan outstanding for the entire construction period. The rate on the construction loan was 12%.
Other debt includes 500,000 of 10% bonds
800,000 line of credit at 10%
What is Dreamworlds weighted average construction expenditures for 2023?
What is the maximum amount of interest that Dreamworld can capitalize in 2023?
What is the weighted average interest rate on the non-construction debt?
How much interest will Dreamworld capitalize in 2023?
What are the total capitalized construction costs in 2023?(HINT: it is over $1,00,000)?

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