I wasn't sure if you needed the information from part one that I have answered, but all I need answered is what the avoidable interest is. thank you!

On March 1, Mary Co, began construction of a small building. The following expenditures were incurred for construction March 1 $339,000 April 1 233.000 May 1 741.000 June 1 1.080.000 July 1 381.000 The building was completed and occupied on July 1. To help pay for construction 3239.000 was borrowed on March 1 on a 12 three year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago Your answer is correct Calculate the weighted average accumulated expenditures, (Do not leave any answer field blank. Enter for amounts.) Date Expenditures Capitalization Period Weighted Average Accumulated Expenditure March 1 $339.000 4/12 113000 April 1 233,000 3/12 58250 May 1 741.000 2/12 123500 June 1 1,080,000 1/12 90000 July 1 381.000 0 0 384750 Calculate avoidable interest (Round answer to decimal places, eg. 12,515) Avoidable interest $