1. On December 31, 2018, Starlight Company borrowed $9,500,000 at 8.5% interest, payable annually (principal payable on December 31, 2021) to finance the construction of a new building. During 2019 and 2020, the company made the following expenditures related to this building: March 1, 2019 1,950,000 August 1, 2019 2,550,000 1,680,000 February 1, 2020 May 1, 2020 2,400,000 The building was completed on August 31, 2020. Please answer the following questions based on this information. a. Determine the amount of interest to be capitalized in 2019 in relation to the construction of the building. (4 points) b. Determine the amount of interest to be capitalized in 2020 in relation to the construction of the building. (5 points) C. Compute the depreciation expense for the year ended December 31, 2020. Assume Starlight elected to depreciate the building on a straight-line basis and determined that it has a useful life of 40 years and a salvage value of $210,000. (3 points)