It is essentially calculated as the interest rate times the outstanding principal amount of the debt. Interest expense on the income statement represents interest accrued during the period covered by the financial statements, and not the amount of interest paid over that period.
Even though my basement bathroom cost was around $3,700, you could probably do it for just under $2,000 if you really pushed the envelope, maybe even less. I'm not going to sugarcoat the project. From a time perspective it takes awhile if you're doing it by yourself.
The average cost for remodeling a bathroom ranges from around $4,000 to $12,000 for small bathrooms and from about $10,000 to as much as $35,000 for large master bathrooms.Naturally, the cost varies depending on the size of the room, how much you want to have done and the quality of materials selected.he average cost for remodeling a bathroom ranges from around $4,000 to $12,000 for small bathrooms and from about $10,000 to as much as $35,000 for large master bathrooms. Naturally, the cost varies depending on the size of the room, how much you want to have done and the quality of materials selected.