On January 2, 2017, Blue Sea Co. began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2018. Expenditures for the construction were as follows: #5 January 2, 2017 600,000 September 1, 2017 1,800,000 December 31, 2017 1,800,000 March 31, 2018 ,800,000 September 30, 20181,200,000 Blue Sea Co. borrowed $3,300,000 on a construction loan at 12% interest on January 2, 2017. This loan was outstanding during the construction period. The company also had $12,000,000 in 9% bonds outstanding in 2017 and 2018. What were the weighted-average accumulated expenditures for 2017? (10pts)