On March $1,$ a company began construction of a state$-$of$-$the$-$art training facility. The facility was finished and ready for use on Nov. $30,2026.$ Expenditures on the project were as follows: March $1,2025$: $$450,000.$ June $1,2025$: $$650,000.$ December $31,2025$: $$750,000.$ May $1,2026$: $$750,000.$ November $30,2026$: $$400,000.$ On March $1,2025,$ the company borrowed $$850,000$ on a construction loan specific to this project at $12\%$ interest. This loan was outstanding throughout the construction period. They also had $$7,000,000$ in $7\%$ bonds payable outstanding in $2025$ and $2026.$ Calculate the following for both $2025$ and $2026$ using specific interest method: $1.$ Average accumulated expenditures. $2.$ Interest Capitalized. $3.$ Value reported on balance sheet, Dec. $31.$