Please help me:
A corporate constructed equipment to manufacture a new line of home products during 2004. The average accumulated expenditures on the equipment during 2004 were $500,000. Construction started on Septembet 1, 2004, and was still in progress at the end of 2004. If the corporation borrowed $500,000 for one year on September 1, 2004, to finance the construction, and the interest rate on the construction loan was 6%, how much interest can the coprporation capitalize as part of the equipment cost for 2004?

You've gotten help here before, and should know by now that you are expected to post your attempts at the problem or ask a specific question about what you don't understand.

Its OK our teacher made a mistake we haven't reached here as yet, so I can't show a working I've tried.