- /1 Question 20 of 20 March 1 $325,500 April 1 296,000 May 1 745,500 June 1 1,104,000 July 1 380,000 The building was completed and occupied on July 1. To help pay for construction $225,500 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago. (a) Calculate the weighted-average accumulated expenditures. (Do not leave any answer field blank. Enter O for amounts.) Date Weighted-Average Expenditures Capitalization Period Accumulated Expenditure March 1 $325,500 April 1 296,000