On July 31, 2025, Concord Company engaged Minsk Tooling Company to construct a special-purpose piece of factory machinery. Construction began immediately and was completed on November 1.2025. To help finance construction, on July 31 Concord issued a $328,800,3-year, 12% note pyyable at Netherlands National Bank, on which interest is payable each July 31,$232,800 of the proceeds of the note was paid to Minsk on July 31 . The remainder of the proceeds was temporarily inwested in short-term marketable securities (trading securities) at 10% until Nowember 1. On November 1, Concord made a final $96,000 payment to Minsk. Other than the note to Nethertands, Concord's only outstanding Ilability at December 31, 2025, Is a \$28,600, 8\%, 6-year note pryable, dated January 1,2022, on which interest is payable each December 31. (a) Your answer is correct. Cakulate weighted-average accumulated expenditures, awoidable interest, and total interest cost to be capitalized during 2025. Account Titles and Explanation Debit Credit (To record the note) 7/31 (To record the payment to Minsk.) 11/1 12/31 Prepare the journal entries needed on the books of Concord Company at each of the following dates. (Record journal entries in the order presented in the problem. Credit decount titles ore outomotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries. 1. July 31.2025. 2. November 1.2025 . 3. December 31,2025