1 Wordcrafters Inc is a book distributor that had been operating in its original facility since 1991. The increase in certification programs and continuing education requirements in several professions has contributed to an annual growth rate of 15% for Wordcrafters since 2014. Wordcrafters' original facility became obsolete by early 2020 because of the increased sales volume and the fact that Wordcrafters now carries audio books and e-texts in addition to hard-copy books. On June 1, 2020, Wordcrafters contracted with Favre Construction to have a new building constructed for $4.999,480 on land owned by Wordcrafters. Wordcrafters made the following payments to Favre Construction Date July 30, 2020 Jan 30, 2021 May 31, 2021 June 30, 2021 Total payments Amount $1.199,640 1.500,000 1,000,000 1.299,840 $4,999,480 Construction was completed and the building was ready for occupancy on May 27, 2021. Wordcrafters had no new borrowings directly associated with the new building but had the following debt outstanding at May 31, 2021, the end of its fiscal years 13.5%, 4. year note payable of $1.999,600, dated April 1, 2017, with interest payable annually on April 1 10%, 10-year bond issue of $2,999.700 sold at par on June 30, 2013 with interest payable annually on June 30 The company is an international distributor and prepares financial statements in accordance with IFRS. (a) Calculate the weighted average accumulated expenditures on Wordcrafters' new building during the capitalization period. (Round intermediate computations to 2 decimal places es. 52.75% and final answers to decimal places, eg 5,275) Weighted Average Accumulated Expenditures S