SSS Total project months in 2021 Average accumulated expenditures Average accumulated expenditures 2,000,000.00 12 12 1,333,333.33...

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SSS Total project months in 2021 Average accumulated expenditures Average accumulated expenditures 2,000,000.00 12 12 1,333,333.33 12 900,000.00 12 400,000.00 4,633,333.33 DIRECTIONS On January 1, 2021, Company A began the construction o September 30, 2022. Expenditures on the project were a COMPANYA 4,633,333.33 370,666.67 January 1, 2021 March 1, 2021 Total project months in 2021 % of the year loan was applied to the project $ 2,000,000 1,600,000 9 9 Average accumulated expenditures 7,370,666.67 1,128,888.89 June 30, 2021 1,800,000 October 1, 2021 1,600,000 January 31, 2022 1,270,000 9 880,555.56 April 30, 2022 1,585,000 9 211,111.11 August 31, 2022 1,900,000 Construction loan amount $ 6,000,000 9,591,222.22 Construction loan interest rate Long-term note 8% $ 5,000,000 75% 575,473.33 Long-term note interest rate Long-term note 4% $ 7,000,000 Long-term note interest rate 6% 200,000 420,000 620,000 On January 1, 2021, the company obtained a $6 million c 2022. The company's other interest-bearing debt include 6%, respectively. Both notes were outstanding during all SSS Total project months in 2021 Average accumulated expenditures Average accumulated expenditures 2,000,000.00 12 12 1,333,333.33 12 900,000.00 12 400,000.00 4,633,333.33 DIRECTIONS On January 1, 2021, Company A began the construction o September 30, 2022. Expenditures on the project were a COMPANYA 4,633,333.33 370,666.67 January 1, 2021 March 1, 2021 Total project months in 2021 % of the year loan was applied to the project $ 2,000,000 1,600,000 9 9 Average accumulated expenditures 7,370,666.67 1,128,888.89 June 30, 2021 1,800,000 October 1, 2021 1,600,000 January 31, 2022 1,270,000 9 880,555.56 April 30, 2022 1,585,000 9 211,111.11 August 31, 2022 1,900,000 Construction loan amount $ 6,000,000 9,591,222.22 Construction loan interest rate Long-term note 8% $ 5,000,000 75% 575,473.33 Long-term note interest rate Long-term note 4% $ 7,000,000 Long-term note interest rate 6% 200,000 420,000 620,000 On January 1, 2021, the company obtained a $6 million c 2022. The company's other interest-bearing debt include 6%, respectively. Both notes were outstanding during all