Check my work 5 Thornton Industries began construction of a warehouse on July 1, 2021. The project was completed on March 31, 2022. No new loans were required to fund construction. Thornton does have the following two interest-bearing liabilities that were outstanding throughout the construction period: 19 points $6, 000, 000, 98 note Skipped $9, 000,000, 46 bonds eBook Construction expenditures incurred were as follows: Hint July 1, 2021 $ 740,000 September 30, 2021 1, 110,000 November 30, 2021 1, 110,000 January 30, 2022 1, 050,000 The company's fiscal year-end is December 31. Required: Calculate the amount of interest capitalized for 2021 and 2022.Complete this question by entering your answers in the tabs below. 2021 2022 Calculate the amount of interest capitalized for 2021. (Do not round the intermediate calculations. Round your percentage decimal place (i.e. 0.123 should be entered as 12.3%).) Date Expenditure Weight Average July 1, 2021 X September 30, 2021 X November 30, 2021 X Accumulated expenditures Amount Interest Rate Capitalized Interest Average accumulated expenditures 0 X % X S 0