On January 1. 2018, the Mason Manufacturing Company began construction of a building to be used as its office headquarters The building was completed on September 30, 2019 Expenditures on the project were as follows Danuery 1 /2818 March 1,/2818 June 38,2818 October 1 2018 Danuery 32819 April se, 2813 August: 3L, 2819 $1,888,880 9ee,008 320,000 780,88e 728,000 1,035,0ee 1,809,8ee On January L 2018, the company obtained a S3 milion construction loan with a 10% interest rate. The loan was otstanding all of 2018 and 2019 The company's other interest-bearing debt included two long-term notes of $5.000000 and $7000000 with interest rates of 59 3n 8% respectively Both notes were outstanding during all of 2018 and 2019. Interest is pad annually an a debt The company's fiscal year-end is December 31 Required: 1. Calcuilote the amount of interest that Mason should capitalize in 2018 and 2019 using the weighted-average method 2. What is the total cost of the building? 3. Caiculate the amount of interest expense that will appear in the 2018 and 2019 Income statements Ei t20, 12