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omputing interest Capitalization Amounts Wivit Company spent a total of 5540,000 cash on a construction project during. Year 1 and Year 2. During Year 3

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omputing interest Capitalization Amounts Wivit Company spent a total of 5540,000 cash on a construction project during. Year 1 and Year 2. During Year 3 , Whit spends an additional 51,090,000 eventy during the year on the project and completes construction at the end of Year 7 Debt outstanding dunng Year 3 follows. a) Compute the amount of interest 10 be capitaited in year 3 . b. Calculate the amount of interest to expenise in Yeat 1

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