Question 14 60 pts On January 1, 2021, the Big Hoss Cattle Ranch in Casper, Wyoming began construction of an automated cattle feeder system. This was a significant upgrade for Big Hoss. The system was finished and ready for use on September 30, 2022 Expenditures on the project were as follows: January 1, 2021 $ 200,000 September 1, 2021 $ 300,000 December 31, 2021 300,000 March 31, 2022 $ 300,000 September 30, 2022 $ 200.000 Total Construction Costs (excluding cap'd int.) 1.300.000 Big Hoss borrowed a single specific construction loan for the project of $1,400,000 at 12% interest rate on January 1, 2021. This loan was outstanding throughout the construction period. Answer the following questions. Use this format for your answers: 300,000. Clearly show your work on your scratch paper. Hint Average accumulated expenditures is a surrogate for the weighted average amount of money borrowed for the project during the construction period. Remember the 12% interest rate is an annual rate. paper. Hint: Average accumulated expenditures is a surrogate for the weighted-average amount of money borrow project during the construction period. Remember the 12% interest rate is an annual rate. Big Hoss' average accumulated expenditures for 2021 was: Big Hoss' capitalized interest in 2021 was: The average accumulated expenditures for 2022 (including prior year capitalized interest) by the end of the c period was: What was the final cost of Big Hoss' automated cattle feeder