er 10 Assignment Question 2 of 7 View Policies 83246-fa43-4022-b2f7-683e04 -/1 E ! Current Attempt in Progress On December 31, 2016, Oriole Inc. borrowed $1,050,000 at 13% payable annually to finance the construction of a new building. In 2017, the company made the following expenditures related to this building: June 1, $420,000: July 1, $630,000; September 1. $1,260,000; December 1, $630,000. The building was completed in April 2018. Additional information is provided as follows. esc 1. Other debt outstanding 10-year, 11% bond, dated December 31, 2010, interest payable annually $10,500,000 15-year, 13% note, dated December 31, 2004, interest payable annually $2,625,000 2. Interest revenue earned in 2017 $6,300 1 (a) Determine the amount of interest to be capitalized in 2017 in relation to the construction of the building. (Round answer to 0 decimal places, e.g. 5,125.) The amount of interest $ eTextbook and Media List of Accounts. Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. 72 Q W #3 C LLI E $ 4 MacBook Pro Search or type URL % do 5 & 6 7 R T Y * 00 8 9 J