Splish Corporation purchased a new machine for its assembly process on August $1,2020.$ The cost of this machine was $$174,600.$ The company estimated that the machine would have a salvage value of $$12,600$ at the end of its service life. Its life is estimated at $5$ years, and its working hours are estimated at $20,000$ hours. Year$-$end is December $31.$

Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. $($Round depreciation rate per hour to $2$ decimal places, e$.$g$.5\mathrm{.}35$ for computational purposes. Round your answers to $0$ decimal places, e$.$g$.45,892.)$

BlossomFurniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $$13,500,000$ on January $1,2020.$ Blossom expected to complete the building by December $31,2020.$ Blossom has the following debt obligations outstanding during the construction period.

Construction loan$-12\%$ interest, payable semiannually, issued December $31,2019$

$$5,400,000$

Short$-$term loan$-10\%$ interest, pavable monthly, and principal payable at maturity on May $30,2021$

$4,050,000$

Long$-$term loan$-11\%$ interest, payable on January $1$ of each year. Principal payable on January $1,2024$

$2,700,000$

$($a$)$

Assume that Blossom completed the office and warehouse building on December $31,2020,$ as planned at a total cost of $$14,040,000,$ and the weighted$-$average amount of accumulated expenditures was $$9,720,000.$ Compute the avoidable interest on this project. $($Use interest rates rounded to $2$ decimal places, e$.$g$.7\mathrm{.}58\%$ for computational purposes and round final answers to