Brief Exercise 10-04 Your answer is incorrect. Try again Bonita Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $4,860,000 on March 1, $3,240,000 on June 1, and $3,100,000 on December 31 Bonita Company borrowed $2,700,000 on March 1 on a 5-year 10% not to help finance construction of the building. In addition, the company had outstanding all year a 12%, S-year 33,400,000 note payable and an 11%, 4-yea, 89,450,000 note payable Computevoldable interest for Bonita Company. Use the weighted average interest rate for interest capitaluation purposes (Round "Weighted average interest rate to decimal places. 0.2152 and also demas. 5,275) Avoidable interest 626400 Click if you would like to show Work for this question Open Show Work LINK TO THE