Metlock Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,908,000 on March 1, $1,308,000 on June 1, and $3,015,990 on December 31. Compute Metlock's weighted-average accumulated expenditures for interest capitalization purposes. Weighted-average accumulated expenditures $

Metlock Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,908,000 on March 1, $1,308,000 on June 1, and $3,015,990 on December 31. Compute Metlock's weighted-average accumulated expenditures for interest capitalization purposes. Weighted-average accumulated expenditures $