On January 1, Yr1, Stevens Co. began construction of a small bullding. The following expenditures were incurred for construction during Yr1: To help pay for construction, $100,000 was borrowed on January 1,YR1 on a 12%, three-year note payable. The weighted average interest rate on all the other debts is 112%. Stevens Co, ends its fiscal year on December 31 each year. Calculate Stevens' avoidable interest for YR1, aksuming the buliding was comgleted and reody for use om Lily 31. YR. Actual interest cost for YR1 is $152.000 1) Round your answers to the nearest whole number. 2) For the 2nd column ( % of current year), put the numerator in the first box and the denominator in the second box. 1) Round your answers to the nearest whole number. Based on your answer above, what journal entry(ies) would Stevens make for the interest costs it incurs in fiscal year YR1, assuming the building was completed and ready for use on July 31.Yr1 ? Use one of the following accounts in preparing your journal entries: Asset, Cash, Interest Expense, Interest Payable