4. The Lambert Company begins a two-year construction project on a new building on January 1, 2018. The following information is available: Capitalization period: January 1, 2018 - June 30, 2019 Expenditures related to the construction: 2018 January 1 April 1 October 1 December 1 $ 300,000 600,000 700,000 400,000 2019 January 1 $ 500,000* April 1 100,000 2019 January 1 April 1 $ 500,000 * 100,000 *Only includes construction costs incurred in January 2019. Amounts borrowed and outstanding: $ 1,000,000 at 9% borrowed specifically for the project $ 8,000,000 at 10% $ 6,000,000 at 11% Prepare the journal entries to record the interest capitalization for 2018 and 2019, respectively For interest calculations, use 2 decimal points)