the current year. The following payments were Brooks Corporation engaged Ser Cron, Inc. to design and construct a manutacturing facility. Construction began on January 2 and was complete made in the cooliadat during the More Info Requirements X Pyments a. Compute the weighted average accumulated expenditures for the current b. Compute the amount of avoidable rest and actual intercost for the current To specifically finance the project Brooks issued $2.000.000 of the year noles payable on January 2 Interests payable annually on December 31 cach year. Prior to the commencement of the latest construction project, Brooks had other debt in its capital structure. Al general debt is outstanding as of the beginning of the current year. The general debt consists of $4.000.000 par valo, 7 bonds payable and a $1.500.000, 12 note payabi Both debt instruments require annual interest payments each December 31 Date January 2 August 1 October 1 December 1 Amount $ 3.500.000 1.700,000 3,800.000 1,600,000 indicate the amount of mo r e to be capitalized and amount of interest pense for the year d. Prepare the ouma entry to record the Docember 31 s t payments. Assume that the interestis pidin cash and that any stated is recorded in the Construction in Progress account Print Done Print Dono Lurrent your Hound your awer to the nearest whole dollar)