Kd ouE of S.o0 P Pag question During 2014, Brent Industries, Inc. constructed a new manufacturing facility at a cost of $12,000,000. The weighted average accumulated expenditures for 2014 were calculated to be $5,400,000. The company had the following debt outstanding at December 31, 2014: 10 percent, five-year note to finance construction of the manufacturing facility, dated January 1, 2014, $3,600,000. 12 percent, 20-year bonds issued at par on April 30, 2013, $8,400,000. 8 percent, six-year note payable, dated March 1, 2013, $1.800,000. (a) (b) (c) Determine the amount of interest to be capitalized by Brent Industries for 2014