During 2018, Barden Building Company constructed various assets at a total cost of $10,500,000.The weighted average accumulated expenditures (WAAE) on assets qualifying for capitalization of interest during 2018 were $7,000,000. The company had the following debt outstanding at December 31, 2018: (show computations)

10%, 5-year note to finance construction of various assets,

dated January 1, 2017, with interest payable annually on January 1$4,500,000

12%, twelve-year bonds issued at par on December 31, 2009, with interest

payable annually on December 316,000,000

9%, 4-year note payable, dated January 1, 2016, with interest payable

annually on January 13,500,000