Question: Crane Company is constructing a building Construction began on January 1 and was completed on December March 1, 55220000 on June 1, and $8850000 on
Crane Company is constructing a building Construction began on January 1 and was completed on December March 1, 55220000 on June 1, and $8850000 on December 31. Crane Company borrowed 13180000 on January 11, 12 Finance construction of the building. In addition, the company had outstanding all year a 10 year, 56380000 not payin, year, 512250000 note payable What is the avoidable interest for Crane Company? O $1240291 O $ 443377 $943915 $381600 Crane Company is constructing a building Construction began on January 1 and was completed on December March 1, 55220000 on June 1, and $8850000 on December 31. Crane Company borrowed 13180000 on January 11, 12 Finance construction of the building. In addition, the company had outstanding all year a 10 year, 56380000 not payin, year, 512250000 note payable What is the avoidable interest for Crane Company? O $1240291 O $ 443377 $943915 $381600
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