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Current Attempt in Progress Pronghorn Company is canstructing a buildinz Coestruction began on fetruary 1 and was completed on December 31 Expenditures were $2,016,000cn March

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Current Attempt in Progress Pronghorn Company is canstructing a buildinz Coestruction began on fetruary 1 and was completed on December 31 Expenditures were $2,016,000cn March 1, $1,296,000 on June 1, and $3,041,650 on December 31 Pronghorn Corpury borrowed $1,115,400 on March 1 oo a 5 ver, 13% oote to help fin ance construction of the building in addition. wighted-averageinterest rate used for interest capitalization purposes. (Round answer to 2 decimal places, 8 . 7.58% ) Weighted-average interest rate \&

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