On July 31, 2025, Sheffield 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 Sheffield issued a $325,200, 3-year, 12% note payable at Netherlands National Bank, on which interest is payable each July 31 . $222,200 of the proceeds of the note was paid to Minsk on July 31 . The remainder of the proceeds was temporarily invested in short-term marketable securities (trading securities) at 10% until November 1 . On November 1 , Sheffield made a final $103,000 payment to Minsk. Other than the note to Netherlands, Sheffield's only outstanding liability at December 31,2025 , is a $32,400,8%,6-year note payable, dated January 1, 2022, on which interest is payable each December 31. (a) Your answer is correct. Calculate weighted-average accumulated expenditures, avoidable interest, and total interest cost to be capitalized during 2025. eTextbook and Media List of Accounts Attempts: 1 of 4 used (b) Prepare the journal entries needed on the books of Sheffield Company at each of the following dates. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)