On January 1, ON, LLP began construction of a small building for its own use. The following expenditures were incurred on the dates noted below and were used for construction: March 1 $90,000 April 1 $80,000 May 1 180,000 June 1 300,000 July 1 200,000 The building was completed and occupied on December 31. To help pay for construction $50,000 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding during the year was a $500,000, 10% note issued two years ago. Required: a) Calculate the weighted-average accumulated expenditures: $ b) The company follows U.S. GAAP, calculate capitalized interest: $ c) The company follows U.S. GAAP, calculate actual interest: $