Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3,960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4.800,000 note payable and an 11%, 4-year, $9,000,000 note payable. What is the amount of specific borrowing? 2,400,000 None of the above 4,8000,000 13,800,000 Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3,960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4,800,000 note payable and an 11%, 4-year, $9,000,000 note payable. What is the interest for the specific borrowing in 2015? 288,000 1.758,000 480,000 990,000 Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3,960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, S4,800,000 note payable and an 11%, 4-year, $9,000,000 note payable. What are the weighted average accumulated expenditures in 2015? O $6,310,000 0 $14,760,000 $7,380,000 O $8,760,000 Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3.960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4,800,000. note payable and an 11%, 4-year, $9,000,000 note payable. When calculating avoidable interests, which step below is included? none of the above compare actual interest with total materials purchased O compare specific borrowing with weighted average accumulated expenditure compare actual interest with weighted average accumulated expenditure Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3,960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4.800,000 note payable and an 11%, 4-year, $9,000,000 note payable. What is the amount of specific borrowing? 2,400,000 None of the above 4,8000,000 13,800,000 Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3,960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4,800,000 note payable and an 11%, 4-year, $9,000,000 note payable. What is the interest for the specific borrowing in 2015? 288,000 1.758,000 480,000 990,000 Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3,960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, S4,800,000 note payable and an 11%, 4-year, $9,000,000 note payable. What are the weighted average accumulated expenditures in 2015? O $6,310,000 0 $14,760,000 $7,380,000 O $8,760,000 Arlington Company is constructing a building in 2015. Construction began on January 1 and was completed on December 31. Expenditures were $4,800,000 on March 1, $3.960,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4,800,000. note payable and an 11%, 4-year, $9,000,000 note payable. When calculating avoidable interests, which step below is included? none of the above compare actual interest with total materials purchased O compare specific borrowing with weighted average accumulated expenditure compare actual interest with weighted average accumulated expenditure