Aberforth Dumbledore Corporation began construction of a tavern on January 1, 2021. The project was completed on April 30, 2022. No new loans were required to fund construction. Aberforth Dumbledore had the following debts that were outstanding throughout the construction period: $8,000,000, 6% note $4,800,000, 10% bonds Construction expenditures incurred were as follows: January 1, 2021 June 30, 2021 November 30, 2021 February 28, 2022 $1,000,000 1,500,000 4,500,000 5,000,000 Calculate the amount of interest capitalized, average accumulated expenditures and the value of the tavern reported on the balance sheet for 2021 and 2022. 2021 2022 Average accumulated expenditures Interest capitalized Value of tavern reported on balance sheet, Dec. 31