A21 1 A B D E Borrowing Costs (VI) Early in 2020. Qatar Corporation engaged Emirate Lad to design and construct a complete modernization of Qutar's manufacturing facility. Construction began on June 1, 2020, and was completed on December 31, 2020. Qatar made the following payments to Emirated during 2020: 2 4 Date Payment 5 June 1, 2020 $3,300,000 6 August 31, 2020 $4.800.000 7 December 31, 2020 $4.000.000 8 9 In order to help finance the construction, Qatar issued the following during 2020: 10 1. $2,000,000, ten-year.9% bonds payable, issued et par on May 31, 2020, with interest payable annually on May 31. 11 2. 1000 DOO common shares, issued at $10 per share on October 1, 2020 12 13 In addition to the 9% bonds payable, the only other debt outstanding during 2120 was $ 700.000, 12% note payable dated January 1, 2019, and doe January 1, 2022, with interest payable annually on Janus 1. 14 15 Instructions: 16 Calculate the amounts of each of the following (show calculations 17 ) weighted average accumulated expenditures qualifying for capitalization of interest cost, 18 b) avaldable interest incurred during 2020, 19 C) total amount of interest cost to be capitalized during 2020. 20 21 22 23