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20 pts During 2014, Carrier Company constructed various assets at a total cost of $12.600,000. The wechted average accumulated expenditures on assets qualifying for capitalization of interest during 2014 were $8.400,000. The company had the follow debt outstanding at December 31, 2014 1. 1096, 5-year note to finance construction of various assets. dated January 1, 2014, with interest payable annually on January 1 $5,400,000 2. 12%, ten-year bonds issued at par on December 31, 2008, with interest payable annually on December 31 6,000,000 3. 9%, 3-year note payable, dated January 1, 2013, with interest payable annually on January 1 3,000,000 Instructions Compute the amounts of each of the following (show computations). 1. Avoidable interest. 2. Total interest to be capitalized during 2014