Hackleman Company is constructing a building. Construction began in 2018 and the building was completed 12/31/18. Hackleman made payments to the construction company of $4,500,000 on 7/1, $2,400,000 on 9/1, and $1,200,000 on 12/31. The weighted-average accumulated expenditures were:

Select one:

a.

$3,450,000

b.

$6,900,000

c.

$8,100,000

d.

$3,150,000

e.

$3,050,000