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les123456 les123456
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5 years ago
Alzparker Company constructed a building at a total actual cost of $28,000,000. Average accumulated expenditures during the construction period amounted to $21,000,000. As a result of financing arrangements, actual interest was $2,120,000, and avoidable interest was $1,800,000. What is the capitalizable cost of the equipment?
A) $23,120,000
B) $29,800,000
C) $30,120,000
D) $31,920,000
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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lheck874lheck874
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5 years ago
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les123456 Author
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5 years ago
Genius!!!!!!
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