Calculate interest cost that alaska should capitalized

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Reference no: EM13128039

Alaska Co began constructing a warehouse for its own use in March 2005. During 2005, Alaska incurred interest of $75,000 on specific construction debt, and $30,000 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during 2005 was $60,000. Compute interest cost that Alaska should capitalized?

Reference no: EM13128039

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