ONLY ANSWER Q2

Swifty Furniture Compary started construction of a combination office and warehouse building for its own use at an estimated cost of $3,500,000 on January 1, 2025. Swifty expected to complete the bullding by December 31, 2025. Swifty has the following debt obligations outstanding during the construction period. Your answer is correct. Assume that Swifty completed the office and warehouse building on December 31,2025, as planned, at a total cost of $3,640,000, and the weighted-average amount of accumulated expenditures was $2,520,000. Compute the avoidable interest on this project. (Use interest nates rounded to 2 decimal places, es. 7.58\% for computational purposes and round final answers to 0 decimal ploces, es. 5.275.) Avoidable interest Compute the depreciation expense for the year ended December 31, 2026. Swifty elected to depreciate the bullding on a stralght-line basis and determined that the asset has a useful life of 30 years and a salvage value of $210,000. (Round answer to 0 decimal places, es 5.275 . Depreciation expense