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Current Attempt in Progress On March 1, Jennifer Co began construction of a small building. The following expenditures were incurred for construction March 1 $310,500

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Current Attempt in Progress On March 1, Jennifer Co began construction of a small building. The following expenditures were incurred for construction March 1 $310,500 April 1 269.000 May 1 720,000 June 1 1,101,000 July 1 391,000 The building was completed and occupled on July 1. To help pay for construction 5210,500 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago Your answer is correct Calculate the weighted average accumulated expenditures. (Do not leave any answer field blank. Enter 0 for amounts.) Date Expenditures Capitalization Period Weighted Average Accumulated Expenditure March 1 $310.500 4/12 $ 103500 April 1 269,000 3/12 67250 May 1 720,000 2/12 120000 June 1 1.101.000 1/12 91750 July 1 391000 0 0 I 382500 eTextbook and Media Your answer is incorrect. Calculate voidable interest. (Round answer to decimal places, c. 12,515.) Avoldable interest $ e Textbook and More

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