Agasse Industries began construction of a new facility and took out a $1,500,000, 8% construction loan on April 1, 2021. Agasse made payments to the general contractor of $400,000 on April 1, $900,000 on August 31, and $500,000 on December 31.

1.Compute the weighted average accumulated expenditures in 2021

2.and the amount of interest that Agasse would capitalize in 2021.