On March 1, 2016, DSquare Corp. started construction on a new production facility. To finance the project, on January 1, 2016, DSquare Corp. borrowed $4,000,000 as a construction loan that is collateralized by the new facility. The 8% construction loan is due in 5 years and interest is due annually on December 31. DSquare Corp. made the following payments to the contractor during 2016. The project is expected to be completed during 2017. March 1, 2016 April 1, 2016 August 1, 2016 September 1, 2016 $ 2,000,000 3,000,000 5,000,000 1,000,000 DSquare Corp. had the following debt outstanding during 2016 in addition to the construction loan: 7%, 10 year bond payable, due 5/31/18 10%, 20 year mortgage payable, due 8/31/21 $ 12,000,000 28,000,000 Compute: 1. Weighted average accumulated expenditures for 2016. 2. Avoidable interest for 2016. 3. Actual Interest incurred for 2016. 9. Interest to be Capitalized for 2016