On January 1, 2024, a company began construction of an automated cattle feeder system. The system was finished and ready for use on September 30,2025. Expenditures on the project were as follows: The company bortowed $752,000 on a construction loan at 7% interest on January 1,2024. This loan was outstanding throughout the construction period. The company had $4,510,000 in 7% bonds payable outstanding in 2024 and 2025 Average accumulated expenditures for 2025 was