AStudent,Na's November 1, 2018, Shalla Company collifulba Pfeifer Construction Total BASHlct a building for $1,800,090 on land costing $200,000 (purchased from the contractor and included in the first payment). Shalla made the following payments to the construction company during 2019. January 1 April 1 July 1 December 31 Total $350,000 $480,000 $620,000 $550,000 $2,000,000 Pfeifer Construction completed the building, ready for occupancy, on December 31, 2019. Shalla had the following debt outstanding at December 31, 2019. Specific Construction Debt 1. 12%, 3-year note to finance purchase of land and construction of the building, dated December 31, 2016, with interest payable annually on December 31 $700,000 Other Debt 1. 11%, 5-year note payable, dated December 31, 2017, with interest payable annually on December 31 $800,000 2. 13%, 10-year bonds issued December 31, 2015, with interest payable annually on December 31 $400,000Instructions (a) Calculate weighted-average accumulated expenditures, avoidable interest, and actual interest. (b) What amount of interest to be capitalized during 2019 (c) Prepare the journal entries needed on the books of Amsterdam Company at each of the following dates. (1) January 1, 2019. (2) April 1, 2019. (3) July 1, 2019. (4) December 31, 2019