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On January 1, Lyle Co. purchased a manufacturing facility. After remodeling was completed, the facility was ready for use on March 1. On April 1, production ben. Interest costs were incurred as follows: Building Remodeling January 1 to March 1 March 1 to April 1 [tex][tex]$10,000
2,000
$[/tex][/tex]5,000 3,000 What amount of interest should Lyle capitalize during the current year? O A. [tex][tex]$10,000
O B. $[/tex][/tex]12,000 O C. [tex][tex]$15,000
OD. $[/tex][/tex]20,000
Sagot :
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