At the beginning of 2018, an entity borrowed P1,500,000 at an interest of 10% specifically for the construction of a new building. The actual borrowing cost on this loan is P150,000.The entity had also outstanding during the year a 5-year 8% general borrowing of P7,000,000. The construction of the building started on January 1, 2018 and was completed on December 31, 2019. Expenditures on the construction vere: 2018: January 1 April 1 May 1 September 1 December 31 Tolal cast 500,000 1,000,000 1.500,000 1,500,000 1.000.000 5.500.000 2019: December 1 500,000 How much is the average expenditure in 2018? Your answer How much is the average expenditure applicable to general borrowing in 2018? Your answer How much is the average expenditure applicable to specific borrowing in 2018? Your answer How much is the capitalizable borrowing cost for 2018? How much is the cost of new building as of December 31, 2019? How much is the cost of new building as of December 31 2018? Your answer How much is the average expenditure in 2019? Your answer How much is the average expenditure applicable to general borrowing in 2019? Your answer How much is the capitalizable borrowing cost for 2019? At the beginning of 2018, an entity borrowed P1,500,000 at an interest of 10% specifically for the construction of a new building. The actual borrowing cost on this loan is P150,000.The entity had also outstanding during the year a 5-year 8% general borrowing of P7,000,000. The construction of the building started on January 1, 2018 and was completed on December 31, 2019. Expenditures on the construction vere: 2018: January 1 April 1 May 1 September 1 December 31 Tolal cast 500,000 1,000,000 1.500,000 1,500,000 1.000.000 5.500.000 2019: December 1 500,000 How much is the average expenditure in 2018? Your answer How much is the average expenditure applicable to general borrowing in 2018? Your answer How much is the average expenditure applicable to specific borrowing in 2018? Your answer How much is the capitalizable borrowing cost for 2018? How much is the cost of new building as of December 31, 2019? How much is the cost of new building as of December 31 2018? Your answer How much is the average expenditure in 2019? Your answer How much is the average expenditure applicable to general borrowing in 2019? Your answer How much is the capitalizable borrowing cost for 2019