1. The following information pertains to Our Companys self-constructed building project:

2019 Payments:			Specific construction debt:
2/28	250,000		$800,000, 6%, 5-year note, dated 12/31/18,
5/1	300,000		interest paid annually on 12/31
7/1	450,000
11/30	600,000		Other debt:
	1,600,000		$1,000,000, 5%, annual interest paid 12/31, dated 12/31/18
			$1,500,000, 9%, 10 year bonds, dated 12/31/17, interest paid 12/31

1. How much is the weighted average of the accumulated expenditures? __________
2. How much is the weighted average of the interest rates on other debt? _________
3. How much is the avoidable interest? _________
4. How much is the actual interest? ________
5. How much is recorded as the interest expense? ________

How much interest should be capitalized? ________