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Mipso Company began construction on a building in 20X1. Construction was completed on December 31, 20X1. During 20X1, the company made the following payments to
Mipso Company began construction on a building in 20X1. Construction was completed on December 31, 20X1. During 20X1, the company made the following payments to the construction company: 5/1 $3,900,000 9/1 8,190,000 12/31 7,800,000 What amount of weighted-average accumulated expenditures will be used in the company's calculation of avoidable interest? Select answer from the options below $5,980,000. $5,330,000. $5,005,000. $6,630,000
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