Instructions:Your required to show your work and answer each part below (Label and show your work for each part "A through C in the text field provided)

Petrov Chemical Inc. started construction of a centralized warehousing and Logistics center for its primary use at an estimated cost of $23,000,000 on January 1, 2020.Petrov expected to complete the building by December 31, 2020.Petrov incurred the following debt obligations that were deemed outstanding during the construction period.

Construction loan - 14% interest payable semiannually, issued December 31, 2019 for $9,000,000

Short-term loan- 12% interest, payable monthly, and principle payable at maturity on April 30, 2021 for $7, 300,000

Long-term loan - 13% interest, payable on January 1 of each year.Principle payable on January 1, 2024 for $2,800,000

In addition, Petrov incurred the following expenditures during the year prior to the project's completion:

January 1-$3, 750,000

April 30 -$4,900,000

August 1 -$3, 650,000

October 1 -$5, 350,000

December 1 - $3, 300,000

Petrov completedthe centralized warehouse and logistic center on December 31, 2020 as planned at final cost of $23,900,000.

A)Calculate the weighted average accumulated expenditures (Show your work in the text field - 10 pts).

B)Compute the actual and avoidable interest (Show your work in the text field - 10 pts)

C)State the amount of interest that should be capitalized (10 pts).