View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Pronghorn Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $3,420,000 on March 1, $2,280,000 on June 1, and $5,700,000 on December 31. Pronghorn Company borrowed $1,900,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5-year, $3,800,000 note payable and an 11%, 4-year. $6.650,000 note payable. Compute avoidable interest for Pronghorn Company. Use the weighted average interest rate for interest capitalization purposes. (Round "Weighted average interest rate" to 4 decimal places, e.g. 0.2152 and final answer to 0 decimal places. c.8. 5.275) Avoidable interest $ e Textbook and Media Assistance Used e Textbook Save for Later Attempts: 2 of 3 used Submit Answer ho