On March 1, 2020, Amazon, Corp purchased and for an office site by paying 12.700.000 cash. Amazon began construction on the office building on March 1. The following expenditures were incurred for construction De Expenditures March 1, 2020 $ 1.800,000 April 1, 2020 2.520,000 May 1, 2020 4500,000 June 1, 2020 4.800.000 The office was completed and ready for occupancy on July 1. To pay for construction and purchase of 1.600.000 was borrowed on March 1, 2020 on a year note payable Other than the construction note, the only debt outstanding during 2020 was a $100.000, 12year note payable dated January 1, 2020 The weighted average rated expenditures on the construction project during 2000 were 120,000 52.350.000 314670.000 11.560,000