Interest During Construction Matrix inc, borrowed $1,000,000 at 8% to finance the construction of a new bulding for its own use. Construction began on January 1,2019 , and was completed on October 31,2019 . Expenditures related to this building were: ncludes cost of purchasing land of $150,000 ) In addition, Matrix had additional debt (unrelated to the construction) of $500,000 at 9% and $800,000 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 4 Compute the amount of interest capitalized on the bullding s