Question

. 2017 and was Question Early in 2017. Dobbs Corporation engaged Kiner, Inc. to design and construct a complete modernization of Dobb's manufacturing facility. Construction was begun completed on December 31, 2017. Dobbs made the following payments to the during 2017: Payment June 1, 2017 $5,772,000 August 31, 2017 9,000,000 December 31, 2017 7,572,000 Date In order to help finance the construction, Dobbs issued the following during 2017: 1. $5.000.000 of 10-year bonds payable, issued at pron May 31, 2017, with interest pas 2.300.000 shares of no por common stock, issued at $10 per share on October 1, 2017 May 31 In addition to the on January 1 bonds payable, the only debt outstanding during 2017 was a $1,214,000, note payable dated January 1, 2013 and due January 1, 2023, with interest payable annually Compute the amounts of each of the following: 1. Weighted average accumulated expenditures qualifying for capitalization of inte 2. Avoidable Interest incurred during 2017 3. Total amount of interest cost to be capitalized during 2017 1. Weighted average accumulated expenditures 2. Avoid the interest 3. Amount of test cost to be Click if you would like to show Work for this que