On January 1, 2023 Underwood Building Company began the self-construction of a building. The building was completed on December 31, 2023. Total construction costs of the building were $4,200,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2023 were $2,700,000. The company had the following debt outstanding at December 31,2023 : a. Compute the amount of avoidable interest (show computations b. What is the amount of total interest to be capitalized during 2023 and why? (Be specific and use amounts in your calculations.) c. Prepare the 12/31/2023 adjusting journal entry dealing with interest expense and capitalization assuming that actual interest on the notes has already been recorded as interest expense