![During 2021, Colorado Company constructed a 3-storey building. The weighted average expenditures for capitalization of interest during 2021 amounted to P 23,600,000. The existing<br>debt of Colorado are the following:<br>• From Union Bank (specific borrowing), P 3,600,000, 10%<br>• From Land Bank (general borrowing), P 6,000,000, 20%<br>• From Security Bank (general borrowing), P 10,000,000, 18%<br>QUESTION 1:<br>What is the capitalized borrowing costs for the year ended December 31, 2021? [ Select ]<br>QUESTION 2:<br>What is the interest expense for the year ended December 31, 2021? [ Select ]<br>[ Select]<br>P 390,000<br>P 750,000<br>P 322,000<br>Zero<br>Next<br>](https://s3.us-east-1.amazonaws.com/storage.unifolks.com/qimg-008/008_vetfzz0-jolricpa.jpeg)
Extracted text: During 2021, Colorado Company constructed a 3-storey building. The weighted average expenditures for capitalization of interest during 2021 amounted to P 23,600,000. The existing debt of Colorado are the following: • From Union Bank (specific borrowing), P 3,600,000, 10% • From Land Bank (general borrowing), P 6,000,000, 20% • From Security Bank (general borrowing), P 10,000,000, 18% QUESTION 1: What is the capitalized borrowing costs for the year ended December 31, 2021? [ Select ] QUESTION 2: What is the interest expense for the year ended December 31, 2021? [ Select ] [ Select] P 390,000 P 750,000 P 322,000 Zero Next
![During 2021, Colorado Company constructed a 3-storey building. The weighted average expenditures for capitalization of interest during 2021 amounted to P 23,600,000. The existin<br>debt of Colorado are the following:<br>• From Union Bank (specific borrowing), P 3,600,000, 10%<br>• From Land Bank (general borrowing), P 6,000,000, 20%<br>• From Security Bank (general borrowing), P 10,000,000, 18%<br>QUESTION 1:<br>What is the capitalized borrowing costs for the year ended December 31, 2021? [Select ]<br>| Select]<br>P3,750,000<br>P 3,788,000<br>P 3,360,000<br>P 4,110,000<br>QUESTION 2:<br>What is the interest expense for the year ended December 31 , 2021? [ Select ]<br>](https://s3.us-east-1.amazonaws.com/storage.unifolks.com/qimg-008/008_ck1fzz0-4d1jcogv.jpeg)
Extracted text: During 2021, Colorado Company constructed a 3-storey building. The weighted average expenditures for capitalization of interest during 2021 amounted to P 23,600,000. The existin debt of Colorado are the following: • From Union Bank (specific borrowing), P 3,600,000, 10% • From Land Bank (general borrowing), P 6,000,000, 20% • From Security Bank (general borrowing), P 10,000,000, 18% QUESTION 1: What is the capitalized borrowing costs for the year ended December 31, 2021? [Select ] | Select] P3,750,000 P 3,788,000 P 3,360,000 P 4,110,000 QUESTION 2: What is the interest expense for the year ended December 31 , 2021? [ Select ]