Shefield Corp. is constructing a building. Construction began in 2017 and the building was complebed 12/31/17. Sheffield made payments to the construction company of $3042000 on 7/ 6312000 on Vi, and $5810000 on 12/31. Weighted-average accumulated expenditures were 15164000. 3625000 9354000 3100000 2 During 2017, Oriole Company incurred weighted-average accumulated expenditures of 1630000 during construction of assets that qualified for capitalization of interest The anly debt outstanding during 2017 was a $2070000, 9%, 5-year note payable dated January 1,2017, what is the amount of nterest that should be capitalized by Oriole during 20177 146700 39600 186300. On March 1, 2017, Concord Corporation purchased land for an office site by paying $2780000 cash. Concord began construction on the office buiding on March 1. The following expenditures were inourred for March 1, $1780000 Apri 1, 2017 May 1, 2017 June 1, 2017 850000 The office was cempleted and ready for ocoupancy on July 1. To help pay for censtruction, and purchase of land $3600000 was borrowed on March 1, 2017 on a3 year note payable. Other than the constroen note, the only debt outstanang dur ng 2017 was a s1430000, 12%, 6-year note payable dated January 3, 2017 The actual interest cost incurred during 2017 was