On March 1, 2025, Herman Company began construction of a state-of-the-art training facility. The facility was finished and ready for use on October 31,202 Expenditures on the project were as follows: No new loans were required to fund construction. Herman had the following interest-bearing liabilities outstanding throughout the construction period: $2,500,000,5% bonds payable $6,000,000,4% long-term notes payoble Calculate the following for both 2025 and 2026 [18 points]