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14 Waterway Ltd. is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were HK$2,304,000 on March 1. HK$1,536,000

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Waterway Ltd. is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were HK$2,304,000 on March 1. HK$1,536,000 on June 1, and HK$2,544,000 on December 31. Compute Waterway's average carrying amount for borrowing cost capitalization purposes. HK$ Average carrying amount

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