Fraction or Year On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 September 1, 2021 December 31, 2021 $300,000 $450,000 $450,000 Dreamworld borrowed a $300,000, 8% construction loan to help fund the project. The compnay also had $5,000,000 in 12% bonds outstanding through both years. Using the specific interest method, how much interest did Dreamworld capitalized in 2021? Show ALL calculations Average Accumulated Exepnditures Expenditure Fraction of Year Weighted Average Intersest Capitalization