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Kendall borrowed $ 7 5 0 , 0 0 0 on a construction loan at 1 2 % interest on January 1 , 2 0

Kendall borrowed $750,000 on a construction loan at 12% interest on January 1,2021. This loan was outstanding throughout the construction period. The company had $4,500,000 in 9% bonds payable outstanding in 2021 and 2022.
Interest expensed in 2021 under weighted average method was:
Group of answer choices
$459,000.
$405,000.
$466,710.
$468,000

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