n January 2, 2017, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2018. Expenditures for the construction were as follows: January 2, 2017 $ 607000 September 1, 2017 1800000 December 31, 2017 1800000 March 31, 2018 1800000 September 30, 2018 1199000 Concord Corporation borrowed $3330000 on a construction loan at 13% interest on January 2, 2017. This loan was outstanding during the construction period. The company also had $12000000 in 10% bonds outstanding in 2017 and 2018. What were the weighted-average accumulated expenditures for 2017? $1507000 $1207000 $2999000 $1607000