Weld Corporation is constructing a plans for its own use. Weld capitalues interest on an annual basis. The following expenditures are made during the current yeari jancary 1 , s48, coo: 4 uly 1 . 5464,000: 5eptember 1, 51,280,000, and December 31,53.376,000, The folowing debts were oucstanding throughout the current year. Note: Fhund all of your answers to the neirest wholehumber or whole percentage pont. a. Compote the amount of interest to be capitalised dunng the year. Amount of inseress to be capitalized during the year 5 b. Calculate the amount of interest expense for the year. 3 Weld Corporation is constructing a plans for its own use. Weld capitalues interest on an annual basis. The following expenditures are made during the current yeari jancary 1 , s48, coo: 4 uly 1 . 5464,000: 5eptember 1, 51,280,000, and December 31,53.376,000, The folowing debts were oucstanding throughout the current year. Note: Fhund all of your answers to the neirest wholehumber or whole percentage pont. a. Compote the amount of interest to be capitalised dunng the year. Amount of inseress to be capitalized during the year 5 b. Calculate the amount of interest expense for the year. 3