2. On January 1, 2019 a company began work on the construction of a new factory. The expenditures on construction during 2019 averaged $2.2 million, incurred uniformly over the year. While the company did not take on any new debt associated with this project, it did have debt outstanding throughout 2019 as follows: Interest Rate 7% 6.5% Principal 800,000 3,000,000 Loan 1 Loan 2 a. How much interest should the company include in the cost of construction during 2019? b. Would your answer in a. change if the principal for Loan 2 was 200,000? If so, calculate the new amount of interest capitalization