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(Capitalization of Interest) McPherson Furniture Company started construction of a combination office and warehouse building for its own use at an...
(Capitalization of Interest)McPherson Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $7,176,000 on January 1, 2010. McPherson expected to complete the building by December 31, 2010. McPherson has the following debt obligations outstanding during the construction period.
