In February 2024, Cullumber Corp. began the construction of a 10-storey building. The construction is expected to be completed by January 2025. During 2024, the following payments were made: Apr. 1: $1,010,000 Jun. 1: $1,500,000 Aug. 1: $840,000 Oct. 1: $890,000 No asset specific debt was incurred. During 2024, Cullumber's general debt consisted of the following: $1.8 million, 5%, 2-year note, $1.1 million, 4.5%, 2-year note, $0.50 million, 3%, 5-year note. (a) (b) Your answer has been saved. See score details after the due date. Calculate the weighted-average accumulated expenditures for the year ended December 31, 2024. (Round answer to O decimal places, e.g. 5,275. Do not round intermediate calculations.) Weighted-average accumulated expenditures Your answer has been saved. See score details after the due date. 2205000 Attempts: 1 of 1 used Calculate the weighted-average capitalization rate on Cullumber's general-purpose debt for the year ended December 31, 2024. (Round answer to 2 decimal places, e.g. 15.25%.) Weighted-average capitalization rate 4.54 % (c) Calculate the avoidable borrowing costs. (Round answer to O decimal places, e.g. 1,525.) Avoidable borrowing costs (d) Save for Later Attempts: 1 of 1 used Attempts: 0 of 1 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above.