On January 1, 2016, Dreamworld Co. began construction of a new warehouse The building was finished and ready for use on Expenditures on the project September 30, 2017. were as follows: January 1, 2016 September 1, 2016 December 31, 2016 March 31, 2017 September 30, 2017 $320,000 $480,000 $480,000 $480,000 $320,000 Dreamworld had $6,000,000 in 14% bonds outstanding through both years. Dreamworld's average accumulated expenditures for 2016 was: Multiple Choice $320,000. $560,000 O$480,000. $640,000