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please double check Question 47 (of 50) 47 7.00...

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Accounting

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Question 47 (of 50) 47 7.00 points Agasse Industries began construction of a new facility and took out a $1,500,000, 8% construction loan on April 1, 2016 Agasse made payments to the general contractor of $481.000 on April 1. 5981,000 on August 31, and $581,000 on December 31 Required: Compute the amount of interest that Agasse would capitalize in 2016. (Do not round intermediate calculations.) unt of interest $41,265

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