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PLEASE ANSWER CORRECTLY! IF NOT I WILL DISLIKE AND REPORT. IF CORRECT I WILL LIKE IT ASAP Bridgeport Compary is constructing a building Construction began

PLEASE ANSWER CORRECTLY! IF NOT I WILL DISLIKE AND REPORT. IF CORRECT I WILL LIKE IT ASAP image text in transcribed
Bridgeport Compary is constructing a building Construction began on February 1 and was completed on December 31 . Expenditures were $1,620,000 on March 1,\$1,080,000 on June 1, and $2,700,000 on December 31 . Bridgeport Company borrowed $900.000 on March 1 on a 5 -year, 10x note to help finance construction of the building in addition. the company had outstanding all year a 12\%, 5-year, $1,800,000 note payable and an 11\%,4-year, 33,150,000 note payable. Campute ivoidable interest for Bridgeport Company. Use the weighted-average interest fate for interest capitalization purposes. (Round "Weighted averoge interest rote" to 4 decimal ploces, eg. 0.2152 and final onwer to 0 decimal ploces, eg. 5.275. Avoidable interest

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