Randy started to construct a new building in January 1, 2020 and the it was fully completed on December 31, 2020. During this period the company has paid for contractors following payment S Payment in Date of Payment 250,000 January 1, 2020 250,000 March 1, 2020 400,000 August 1, 2020 600,000 October 1, 2020 500,000 December 31, 2020 ! :The debt balances in 2020 shows following Special Debt for construction has been signed on January 1, 2020 at interest rate of 12% by $500,000 General Debt (N/P $300,000 10%-10 years dated on January 1, 2018) General Debt (N/P $200,000 7.5%-5 years dated on January 1, 2019) Required: Actual Interest Cost