please help

On January 1, 2018, the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2019. The company borrowed $1,650,000 at 10% on January 1 to help finance the construction. In addition to the construction loan, Highlands had the following debt outstanding throughout 2018: $6,000,000, 15% bonds $4,000,000, 108 long-term note Construction expenditures incurred during 2018 were as follows: January 1 March 31 June 30 September 30 December 31 s 720,000 1320,000 944,000 720,000 520,000 Required: Calculate the amount of interest capitalized for 2018 using the specic interest method. (Do not round the intermediate calculations. Round your percentage answers to 1 decimal place (Le. 0123 should be entered as 12.3%).) Weight Average Expenditure Date January 1 March 31 June 30 September 30 31 Accumulated expenditure Capitalized Interest Average Interest Rate Average accumulated expenditures