Halbane recognised 210,000 of interest as an expense and capitalised 64,000 of interest into the cost of a plant under construction, paid during the year. Accrued expensed interest moves from 18,000 to 25,000. Compute the total interest paid to disclose.
- Interest expensed
- 210,000
- Capitalised interest paid
- 64,000
- Opening accrued interest
- 18,000
- Closing accrued interest
- 25,000