Thornton Industries began construction of a warehouse on July 1, 2018. The project was completed on March 31, 2019. No new loans were requlred to fund construction. Thornton does have the following two Interest-bearing liablities that were outstanding throughout the construction period: $6,000,000, $9,800,000, 7% 3% note bonds Construction expenditures Incurred were as follows: July 1, 2818 September 38, 2818 November 38, 2818 January 30, 2819 70e,800 1,85e,8e8 1,85e,8ee 998,888 The company's fiscal year-end is December 31. Requlred Calculate the amount of Interest capitalized for 2018 and 2019. Complete this question by entering your answers in the tabs below 2018 2019 Calculate the amount of interest capitalized for 2018. (Do not round the intermediate calculations. Round your percentage answers to 1 decimal place (i.e. 0.123 should be entered as 12.3%).) Date Expenditure Weight Average July 1, 2018 September 30, 2018 November 30, 2018 Accumulated expenditures Amount Interest Rate Interest Average accumulated e K 2018 2019>