whit company spent a total of $540,000 cash on a construction project during year 1 and year 2. during year 3, whit spends an additional $1,080,000 evenly during the year on the project and completes construction at the end of year 3. debt outstanding during year 3 follows. debt amount accounts payable average balance $90,000 10% bond payable 1,260,000 12% construction loan 360,000 a. compute the amount of interest to be capitalized in year 3. b. calculate the amount of interest to expense in year 3.