Early in 2020, Dobbs Corporation engaged Kiner, Inc. to design and construct a complete modernization of Dobbs's manufacturing facility. Construction was begun on June 1, 2020 and was completed on December 31, 2020. Dobbs made the following payments to Kiner, Inc. during 2020:

Date		Payment
June 1, 2020		$2,440,000
August 31, 2020		3,660,000
December 31, 2020		3,050,000

In order to help finance the construction, Dobbs issued the following during 2020:

1.	$2,074,000 of 10-year, 9% bonds payable, issued at par on May 31, 2020, with interest payable annually on May 31.
2.	300,000 shares of no-par common stock, issued at $10 per share on October 1, 2020.

In addition to the 9% bonds payable, the only debt outstanding during 2020 was a $518,500, 12% note payable dated January 1, 2016 and due January 1, 2023, with interest payable annually on January 1. Compute the amounts of each of the following:

1.		Weighted-average accumulated expenditures qualifying for capitalization of interest cost.
2.		Avoidable interest incurred during 2020.
3.		Total amount of interest cost to be capitalized during 2020.

1.		Weighted-average accumulated expenditures		$
2.		Avoidable interest		$
3.		Amount of interest cost to be capitalized		$