On January 1, 2016, Osber Corp. signed a contract to have Joe's Builders construct a distribution. It was estimated that it would take two years to complete the project. Also on January 1, 2016, to finance the construction cost, Osber borrowed S10,000,000 payable in five annual installments with interest at the rate of 6%. Osber also had a $3 million, 10% note payable and a $5 million 6% note payable outstanding all year. During 2016, Osber made the following construction-related expenditures Date Amount $2,400,000 $1,200,000 $ 600,000 $ 480,000 Determine the following SHOW YOUR WoRK A. Calculate the weighted average interest rate on the non-construction-specific debt. B. Calculate actual interest. C. Calculate Osber's weighted average accumulated expenditures D. Calculate Osber's avoidable interest. E. What is the amount of interest to be capitalized