Question: On July 3 1 , 2 0 2 0 . Teal Company engaged Mirak Tooling Company to comstnuct a special purpose plecte of factory machinerk
On July Teal Company engaged Mirak Tooling Company to comstnuct a special purpose plecte of factory machinerk Conatruction begun immediutely and was completed on November To helg frumoce construction, on hly Tral insued a proceeds of the note was puid to Minsk os July The remainder of the proceedo was temporarly invested in shortterm nurletalie securities trading securities at untal November On November Teal made a firal papment ts Minde Outer Buan the note to Netherlands. Teal's only outstanding liability at December is a bx year note papable, dabed lanuarr on which interest is payable each erember
a
Calculate the interent revenue, weightedaverage accumalated expenditures, moidable interent, and total interest cost to be capitalized during
Interest revenue
$
Weightedaverage accumulated eapenditures
$
Avoidable interest
Interest capitalized
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