On December 31, 2024, TB Inc. borrowed $1,800,000 at 11% payable annually to finance the construction of a new building. In 2025, the company made the following expenditures related to this building: April 1, $583,000; July 1, $845,000; and October 1, $769,000. The building was completed in February 2026. Additional information is provided as follows: 1. Other Debt Outstanding: 10-year, 10% bond, December 31, 2018, interest payable annually $8,300,000 15-year, 9% note, December 31, 2012, interest payable annually 2. Interest Revenue of $8,460 earned in 2025. Required: Compute the following. a. Compute the total weighted-average accumulated expenditure. 1052000 $3,300,000 b. Compute the avoidable interest. 105200 c. Compute the actual interest. 198000 Required: Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2025. If "No Entry" is needed, please indicate "No Entry". Debit: 198000 Reference: Account Title Credit: (d) 12/31/25 Construction in Progess type your answer... Interest Expense type your answer... 198000 No Entry type your answer... type your answer...