Question: the is answer is not 772,485 double check your answer if its wrong i will you thumbs down !! I need help !! Tamarisk,Inc. has
I need help !! Tamarisk,Inc. has a fiscal year ending April 30. On May 12025 , Tamarisk borrowed $10,790,000 at 11% to finance construction of its own building. Repayments of the loan are commence the month following completion of the building. During year ended April 30, 2026, expenditures for the partially completed structure totaled $7,553,000 (weighted-average accumlated expenditures were $3,776,500 ) Interest earned on the unexpected portion of the loan amounted to $701,350 for the year How much should be shown as captialized interest on Tamarisk's Financial statements at April 30, 2026 Captialized interest on Tamarisk's Financial Sarements \$
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