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Grouper Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,064,000 on March 1, $1,212,000 on
Grouper Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,064,000 on March 1, $1,212,000 on June 1, and $3,092,500 on December 31. Compute Grouper's weighted-average accumulated expenditures for interest capitalization purposes. Weighted Average Accumulated Expenditures 2568400
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