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On January 2, 2020, Sheridan Company began construction of a new citrus processing plant. The automated plant was finished and ready for use on September

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On January 2, 2020, Sheridan Company began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: $ 594000 1806000 January 2, 2020 September 1, 2020 December 31, 2020 March 31, 2021 September 30, 2021 1806000 1806000 1193000 Sheridan Company borrowed $3320000 on a construction loan at 10% interest on January 2, 2020. This loan was outstanding during the construction period. The company also had $12960000 in 7% bonds outstanding in 2020 and 2021. What were the weighted-average accumulated expenditures for 2021 by the end of the construction period? $5953200 $4147200 O $903000 $4325600

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