On January 2, 2025, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished ane ready for use on September 30, 2026. Expenditures for the construction were as follows: January 2, 2025 September 1, 2025 December 31, 2025 March 31, 2026 September 30, 2026 $ 607000 1803600 1803600 1803600 1213000 Concord Corporation borrowed $3320000 on a construction loan at 10% interest on January 2, 2025. This loan was outstanding during the construction period. The company also had $11520000 in 7% bonds outstanding in 2025 and 2026. The interest capitalized for 2025 was: O $120820 O $134400 O $486180 O $403200

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