7. Barden Building Company constructed a specialized equipment at a cost of $14,700,000 plus capitalized t. It took the entire year of 2017 to construct the asset. The weighted average accumulated expenditures ing for capitalization of interest during 2017 were $9,800,000. The company had the following debt outstanding mber 31,2017: 6, 5-year note to finance construction of specialized equipment, struction specific loan) ten-year bonds issued at par on December 31,2011 , with interest le annually on December 31 year note payable, dated January 1,2016,300,000 y on January 1 amounts of each of the following (show your calculations). e interest. be capitalized during 2017 at December 31, 2017: 1. 10%,5-year note to finunce construction of specialized equipement, Dated. Jamuary 1, 2017, with interest paryable anmually on January 1 (Construction specifie loan) 2. 12%, ten-year bonds issued at par on December 31,2011 , with interest payable annually on December 31 3. 9%,3-year note payable, dated January 1, 2016, with interest payable annually on January 1 Compute the amounts of each of the following (show your calculations). 1. Avoidable interest. 2. Total interest to be capitalized during 2017