Sheffield Company is constructing a building Construction beganon February 1 and was completed on December 31 . Expenditures were $1,992,000 on March 1, $1,272,000 on June 1, and $3,046,000 on December 31 Sheffeld Company borrowed $1,116,000 on March 1 on a 5 -year, 12% note to help finance construction of the building-in addition. the compamy had outstanding all year a 9%,5-year, $2.383,000 note payable and an 1090,4 -yean, $3,634,000 note pryable, Compute avoidable interest for Sheffieid Compary, Use the weighted-average interest rate for interest capitalization purposes, (Raund weighted. everage interest rate to 4 decimal ploces, es. 0.2152 and final answer to 0 decinal ploces, es. 5.275. Avoidable interest $