Early in 2016, Derp's BBQ engaged Maciel con Mojo , Inc. to design and construct a complete modernization of Derp's BBQ's manufacturing facility. Construction was begun on June 1, 2016 and was completed on December 31, 2016. Dere's BBQ made the following payments to Maciel con Mojo, Inc. during 2016: Date June 1, 2016 August 31, 2016 December 31, 2016 $6,000,000 9,000,000 ,500,000 In order to help finance the construction, Derp's BBQ issued the following during 2016: 1, $5,000,000 of 10-year, 9% bonds payable, issued at par on May 31, 2016, with interest payable annually on May 31. In addition to the 9% bonds payable, the only debt outstanding during 2016 was a $1,250,000, 12% note payable dated January 1, 2012 and due January 1, 2022, with interest payable annually on January 1. Instructions: Compute the amounts of each of the following (show computations) 1. Weighted-average accumulated expenditures qualifying for capitalization of interest cost 2. Avoidable interest incurred during 2016. 3. Total amount of interest cost to be capitalized during 2016