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please answer!! Hawkins Corporation began construction of a motel on March 31, 2021. The project was completed on April 30, 2022. No new loans were
please answer!! Hawkins Corporation began construction of a motel on March 31, 2021. The project was completed on April 30, 2022. No new loans were required to fund construction Hawkins does have the following two interest-bearing liabilities that were outstanding throughout the construction period $4,300,000, 6% note $18.220.000, 10% bonds Construction experiditures incurred were as follows: March 31, 2021 June 30, 2021 November 30, 2021 February 28, 2022 $4,270,000 6,270,000 1,854,000 3,270,000 The company's fiscal year-end is December 31 Required: Calculate the amounto interest capitalized for 2021 and 2022 (Round weighted average interest rate to 2 decimal places and final answers to the nearest whole dollar)
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