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Azalea Company began construction on a new office building on Jan. 1 of this year. The building was completed on Sept. 30. Expenditures were made

Azalea Company began construction on a new office building on Jan. 1 of this year. The building was completed on Sept. 30. Expenditures were made of $200,000 on Jan. 1; $300,000 on Sept. 1; and $300,000 on Dec. 31. The weighted average accumulated expenditures are:

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$500,000

$300,000

$350,000

$400,000

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