$$Santa$,$ Inc. is constructing a new barn for his reindeer $($he needs more power to recharge Rudolph's nose!$).$ Construction began on January $1$ and was completed on December $31.$ In order to finance construction of the barn Santa borrowed $$120,000$ on January $1$ on a $5-$year, $6\%$ note as well as issuing $30,000$ shares of $$1$ par common stock for $$10$ per share.$$ In addition, Santa had outstanding all year a $5\%,3-$year, $$60,000$ note payable and a $5\mathrm{.}5\%,4-$year, $$225,000$ note payable.$$ Expenditures are listed below:

$$ Expenditures$$ Borrowings

$2/1$ $$120,000$ $$120,000,5$ year, $6\%$

$5/1$ $ $99,000$ $ $60,000,3$ year, $5\%$

$12/31$ $$150,000$ $$225,000,4$ year, $5\mathrm{.}5\%$

$*$ What is the weighted average interest rate on "other debt" used for interest capitalization purposes?$($ X$.$XX$\%-$ round to $2$ places past the decimal$)$

$*$ How much are the weighted average accumulated expenditures?

$*$ How much interest should Santa capitalize?$($round to whole dollars$)$