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 $343,000 september 1, 2016 $501,000 december 31, 2016 $501,000 march 31, 2017 $501,000 september 30, 2017 $343,000 dreamworld had $6,700,000 in 14% bonds outstanding through both years. what was the final cost of dreamworld’s warehouse?
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