On April 1, 2020, Tanner Company purchased land for an office location by paying $135,000 cash. Tanner began construction on the office building on April 1. The following additional cash payments were made on construction:

Date Payments

April 1, 2020 $90,000

May 1, 2020 126,000

June 1, 2020 225,000

July 1, 2020 360,000

The office building was completed on August 1. Compute the weighted-average accumulated expenditures on the construction project during 2020.

		$174,000.
		$78,000.
		$733,500.
		$96,000.
		$129,000.