Q3. (25 marks) Early in 2020, Qatar Corporation engaged Emirate Ltd. to design and construct a complete modernization of Qatar's manufacturing facility. Construction began on June 1, 2020 and was completed on December 31, 2020. Qatar made the following payments to Emirate Ltd. during 2020: Date Payment June 1, 2020$ 3,300,000 August 31, 20204,800,000 December 31, 20204,000,000 In order to help finance the construction, Qatar issued the following during 2020: 1.$ 2,000,000, ten-year, 9% bonds payable, issued at par on May 31, 2020, with interest payable annually on May 31, 2.1,000,000 common shares, issued at $10 per share on October 1, 2020. In addition to the 9% bonds payable, the only other debt outstanding during 2020 was a $ 700,000, 12% note payable dated January 1, 2019, and due January 1, 2022, with interest payable annually on January 1. Instructions Calculate the amounts of each of the following (show calculations): a) weighted average accumulated expenditures qualifying for capitalization of interest cost, b) avoidable interest incurred during 2020, c)total amount of interest cost to be capitalized during 2020