= Homework: Week Three Question 2, BE11-5 (simil... Part 1 of 2 HW Score: 0%, 0 of 22 points Score: 0 of 1 0 Save Prefix Corporation is constructing a new wind power-generating facility. Construction began on January 2 and was completed on December 31 of the current year. Prefix made the following expenditures during the year. (Click the icon to view expenditures.) To specifically finance the project, Prefix issued $2,700,000 of 2-year, 7% notes payable on January 2. Interest is payable annually on December 31 each year. It eared interest income of $8,000 from investing the proceeds of the note during the year. What amount of interest can Prefix capitalize during the year? Let's begin by calculating the weighted average accumulated expenditures for the current year. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar.) Date (Current Year) Weighted-Average Accumulated Expenditures Expenditure Table January 2 August 1 October 1 Date Amount December 1 January 2 Total Accumulated Expenditure $ 505,000 420,000 August 1 October 1 December 1 1,235,000 540,000 Print Print Done Enter any number in the edit fields and then click Check Answer. Help Me Solve This e Text Pages Get More Help Clear All Check Answer O 1 Type here to search O * . 80F Partly cloudy O 10:06 PM 8/23/2021