Question: Question 6 --/10 View Policies Current Attempt in Progress During 2020, Vaughn Manufacturing incurred weighted average accumulated expenditures of $1590000 during construction of assets that

Question 6 --/10 View Policies Current Attempt in Progress During 2020,

Question 6 --/10 View Policies Current Attempt in Progress During 2020, Vaughn Manufacturing incurred weighted average accumulated expenditures of $1590000 during construction of assets that qualified for capitalization of interest. The only debt outstanding during 2020 was a $2040000, 12%, 5-year note payable dated January 1, 2020. What is the amount of interest that should be capitalized by Vaughn during 2020? $190800. $244800. $0. $54000

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