Multiple Choice $1,247,490. $531.490. $1,226,000. $1,042,490

On January 1, 2024, e company began construction of en automated cattle feeder system. The system was finished end ready for use on September 30, 2025_ Expenditures on the project were as follovvs: January 1, 2824 285 , September 1, 2824 386 , December 31, 2824 386 , 888 march 31, 2825 386 , September 38, 2825 285 , The company borrowed $752,000 on a construction loan at 7% interest on January 1, 2024 This loan was outstanding throughout the construction period. The company had in 7% bonds payable outstanding in 2024 and 2025_ Average accumulated expenditures for 2025 was: Multiple Choice O O O O $1.247.490_ "31.490. Sl.226.ooo_ $1.042.490_