FEBRUARY 1ST		285,000
AUGUST 1ST		320,000
DECEMBER 1ST		190,000
TOTAL		795,000
SPECIFIC CONSTRUCTION DEBT:
12%, 2-YR NOTE, INT PAY ANNUALLY AT DEC 31ST		380,000
OTHER DEBT:
10%, 4-YR NOTE, INT PAY ANNUALLY AT DEC 31ST		340,000
12%, 4-YR NOTE, INT PAY ANNUALLY AT DEC 31ST		190,000

This is a problem where you only capitalize interest for one year. Can someone adjust this problem, such that you would have to calculate weighted average expenditure and avoidable interest for two separate years. (Because the accounting period ends during construction). Also, could you include the journal entries for the new problem.

NOT INCOMPLETE QUESTION ASKING FOR A QUESTION TO BE CREATED WITH SIMILAR INFORMATION EXCEPT THAT THE ACCOUNTING PERIOD ENDS DURING THE CONSTRUCTION PERIOD. HOW WOULD THE JOURNAL ENTRIES DIFFER FROM THE ONE I PROVIDED WHERE CONSTRUCTION ENDS AT THE SAME TIME AS THE ACCOUNTING PERIOD.