Beerbo Inc. is constructing a building. Construction began on February 1, 2020 and was completed on December 31, 2020. Expenditures were $18,000 on March 1, 2020; $12,000 on June 1, 2020; and $30,000 on December 31, 2020. For interest capitalization purposes, what percentage of the year was the March 1st expenditure outstanding?

Round numbers to nearest decimal (e.g. 12.3% = 12%).