Interest During Construction Matrik Inc, borrowed $1,100,000 atto finance the construction of a new building for its own use. Construction began on January 1, 2019, and was completed on October 31, 2019. Expenditures related to this building were January 1 5252,000 (includes cost of purchasing land of $150,000) May a20.000 July : 420,000 October 31 275,000 In addition, Matrix had additional debt (unrelated to the construction) of $500.000 at 9 and 5000,000 At 10. All debt was outstanding for the entire year Required: 1. Compute the amount of interest capitalized related to the construction of the building, 2. If the expenditures are assumed to have been incurred evenly throughout the year Compute weighted average accumulated expenditures Compute the amount of interest capitalzed on the building