On January 2, 2021, Jordan began construction of a new citrus processing plant. The automated plant was finished and ready for use on December 31, 2021. Expenditures for the construction was as follows: January 2, 2020 $ 600,000 April1, 2020 1,800,000 June 1, 2020 1,200,000 August 31, 2020 1,500,000 December 1, 2020 1,200,000 The company had $ 4,500,000 in 10% bonds and 2000,000 in notes with 12% in 2020. 1. What are the weighted-average accumulated expenditures? 2. What is the avoidable interest for Ali Company 3. What is the journal entry to capitalize the interest?4. What is the total cost of the project for Ali Company? 5. What amount of interest should be charged to expense?