What was the actual interest in 2017?

What is the weighted-average interest rate on non-construction debt in 2017?

What was avoidable interest in 2017?

What is interest expense in 2017?

On January 1, 2017, SJT Corp. made an initial investment of $1,000,000 and construction began on a new factory plant. Construction was completed on December 31, 2017. The timing of construction expenses (required outlays) and all debt outstanding are provided below. Construction Expense Schedule Date Construction Cost 1/1/2017 $1,000,000 $3,000,000 $4,000,000 $2,000,000 7/1/2017 10/1/2017 12/31/2017 Debt Outstanding Debt Date Initiated Amount Interest Rate Construction Loan #1 10 Year Bond issued at par 3 Year Notes Payable $3,000,000 $3,000,000 $500,000 1/1/2017 6% 10/31/2010 10% 12/31/2016 6.5%