On July 31, 2022, Pharoah Company engaged Duval Tooling Company to construct a special purpose piece of factory machinery Construction began immediately and was completed on November 1, 2022. To help finance construction, on July 31 Pharoah issued a $368,000, 3-year, 12% note payable at Wellington National Bank on which interest is payable each July 31. On July 31, $276,000 of the proceeds of the note was paid to Duval. The remainder of the proceeds was temporarily invested in short-term marketable securities (trading securities) at 10% until November 1. On November 1, Pharoah made a final $92,000 payment to Duval. (a) Calculate the interest expense, Interest revenue and total borrowing cost to be capitalized during 2022. Interest expense $ Interest revenue $ Total borrowing cost $ e Textbook and Media List of Accounts