On January 1, 2013, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2014. Expenditures on the project were as follows:

January 1,2013	$334,000
September 1,2013	$498,000
December 31,2013	$498,000
March 31,2014	$498,000
September 30,2014	$334,000

Dreamworld had $6,600,000 in 12% bonds outstanding through both years.

Dreamworld's average accumulated expenditures for 2013 was:

	$668,000.
	$500,000.
	$583,500.
	$334,000.