Walsh Corporation began construction of a warehouse on January $1,2024.$ The project was completed on March $31,2025.$ No new loans were required to fund construction. Walsh does have the following two interest$-$bearing liabilities that were outstanding throughout the construction period:

$$2,000,000,8\%$ note

$$8,000,000,4\%$ bonds

Construction expenditures incurred were as follows:

January $1,2024$ $ $200,000$

May $1,2024150,000$

September $30,2024250,000$

November $30,2024450,000$

January $30,2025540,000$

The company$$s fiscal year$-$end is December $31.$

Required:

a$)$ What is the average accumulated expenditures, capitalized interest, and interest expense for $2024?$

b$)$ What is the average accumulated expenditures, capitalized interest, and interest expense for $2025?$

Average accumulated expenditures for $2024$

Interest capitalized for $2024$

Interest expensed for $2024$