Maple View, Inc. signed a contract for the construction of their new headquarters building on January 1,2019 , with a total construction cost of $2,000,000. Work on the construction began on that date, and the building was completed on December 31, 2019. Maple View paid the contractor a total of $500,000 as the down payment on the project on January 1, 2019. To help finance the project, the company signed a five-year construction loan note with the local bank, in the amount of $800,000, which carried an annual interest rate of 6%. In addition to the construction loan, Maple View had two other liabilities, as follows: Long-Term Note Payable, beginning in 2017,$400,000 face value, 5% annual interest. Bonds Payable, beginning in 2018,$600,000 face value, 8% annual interest. In addition to the down payment, Maple View paid the contractor the following: REQUIRED: A) Calculate the weighted-average accumulated expenditures for Maple View to use in determining the amount of avoidable interest for 2019. B) Calculate the amount of avoidable interest for 2019. C) Calculate the correct amount of interest expense to be reported on Maple View's income statement for 2019