Question: On January 1 , 2 0 2 4 , a company began construction of a new warehouse. The building was finished and ready for use

On January 1,2024, a company began construction of a new warehouse. The building was finished and ready for use on September 30,2025. Expenditures on the project were as follows:
January 1,2024 $ 323,000
September 1,2024 $ 483,000
December 31,2024 $ 483,000
March 31,2025 $ 483,000
September 30,2025 $ 323,000
The company had $6,100,000 in 15% bonds outstanding through both years.
What was the final cost of the warehouse?

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