On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 $ 316,000 September 1, 2021 $ 462,000 December 31, 2021 $ 462,000 March 31, 2022 $ 462,000 September 30, 2022 $ 316,000 Dreamworld had $5,400,000 in 14% bonds outstanding through both years. What was the final cost of Dreamworld's warehouse?
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