On january 1 2016 dreamworld co began construction of a new


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 $328,000 September 1, 2016 $486,000 December 31, 2016 $486,000   March 31, 2017 $486,000   September 30, 2017 $328,000 Dreamworld had $6,200,000 in 12% bonds outstanding through both years. What was the final cost of Dreamworld's warehouse? $2,324,252. $2,114,000. $2,335,856. $1,358,800.

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Financial Accounting: On january 1 2016 dreamworld co began construction of a new
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