On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30 2022. Expenditures on the project were as follows January 1. 2001 $340,000 September 1, 20211 December 21, 2021 March 31, 2022 September 30, 2022 $510,000 $510,000 $510,000 $340,000 Dreamworld had $7,000,000 in 14% bonds outstanding through both years The average accumulated expenditures for 2022 by the end of the construction period was Multiple Choice $1105,000 $2.210,000 $1,771,400 $1,431,400