3. Heaven Co., is constructing a building. Construction began on January 1, 2019 and was completed on December 31, 2019. Expenditures for the construction were as follow: March 1, 2019 $ 2,400,000 June 1, 2019 1,980,000 December 31, 2019 3,000,000 Heaven Co., borrowed $ 1,200,000 at 12% interest on Jan 1, 2019, for specific purposes of constructing this building. In addition, the company had a 10%, 3-year, $2,400,000 note payable and an 11%, 4- year, $4,500,000 note payable. These loans were outstanding during the construction period. (1) What is the weighted average accumulated expenditure? Please use below format for your calculations. (5 points) Date Actual Expenditures Capitalization period Weighted average accumulated expenditures Total (2) Calculated the actual interest. Please use below format for your calculations? Please use below format for your calculations. (5 points) Principle interest rate actual interest Total (3) Calculated the avoidable interest.? Please use below format for your calculations. (5 points) Accumulated expenditure interest rate avoidable interest (4) Determine the amount of interest capitalized in 2019. (2 points) ks) Calculate the book value of building on December 31, 2019 6 points)