Construction of a new warehouse

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Reference no: EM131211249

On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $307,000 September 1, 2016 $459,000 December 31, 2016 $459,000 March 31, 2017 $459,000 September 30, 2017 $307,000 Dreamworld had $5,300,000 in 13% bonds outstanding through both years. What was the final cost of Dreamworld's warehouse?

Reference no: EM131211249

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Construction of a new warehouse : On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $307,000 September 1, 2016 $459,000 December 31,..

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