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f Homework Assignment - Chapter 10 Question 4 of 7 -/2 View Policies Current Attempt in Progress On March 1, Karen Co. began construction of

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f Homework Assignment - Chapter 10 Question 4 of 7 -/2 View Policies Current Attempt in Progress On March 1, Karen Co. began construction of a small building. The following expenditures were incurred for construction: March 1 $324.000 April 1 269,000 May 1 732,000 June 1 1.083.000 July 1 393,000 The building was completed and occupied on July 1. To help pay for construction $224,000 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. Calculate the weighted average accumulated expenditures. (Do not leave any answer field blank. Enter for amounts.) Weighted-Average Accumulated Expenditure Date Expenditures Capitalization Period March 1 $324,000 $ April 1 269,000 May 1 732,000 June 1 1,083,000 July 1 393,000 f Homework Assignment - Chapter 10 Question 4 of 7 -72 Calculate the weighted average accumulated expenditures. (Do not leave any answer field blank. Enter Ofor amounts.) Date Expenditures Weighted-Average Accumulated Expenditure Capitalization Period March 1 $324.000 $ April 1 269,000 May 1 732.000 June 1 1,083.000 July 1 393,000 $ e Textbook and Media Calculate avoidable interest. (Round answer to O decimal places, e.g. 12,515.) Avoidable interest $ eTextbook and Media Assistance Used Save for Later Attempts: 0 of 3 used Submit

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