Hawkins Corporation began construction of a motel on March 31, 2018. The project was completed on April 30, 2019. No new loans were required to fund construction. Hawkins does have the following two interest-bearing liabilities that were outstanding throughout the construction period: $5,100,000, 6% note $14,540,000, 10% bonds Construction expenditures incurred were as follows: March 31, 2018 June 30, 2018 November 30, 2018 February 28, 2019 $3,910,0ee 5,910,0e0 1,782,00e 2,910,e0e The company's fiscal year-end is December 31. Required: Calculate the amount of interest capitalized for 2018 and 2019. (Round weighted average interest rate to 2 decimal pl final answers to the nearest whole dollar.) 2018 $ 540,826 2019 Amount of interest :17 PM ENG 3/12019 earch