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On March 1, Debra Co. began construction of a small building. The following expenditures were incurred for construction March 1 April 1 May 1 June

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On March 1, Debra Co. began construction of a small building. The following expenditures were incurred for construction March 1 April 1 May 1 June 1 July 1 $315,000 275,000 729,000 1,077,000 396,000 The building was completed and occupied on July 1. Td help pay for construction $215,000 was borrowed on March 1 na 12 three year note payable. The only other debt outstanding during the year was a $2,000,000, 10% noted two years ago (a) Your answer is correct Calculate the weighted average accumulated expenditures (De not leave any answer field blank Enter for amounts) Weighted-Average Date Expenditures Capitalization Period Accumulated Expenditure March 1 $315,000 105000 65250 April 1 275,000 10000 May 1 729,000 2/12 121500 89750 June 1 1,077,000 July 1 396,000 e: 05:35 PM / Remaining: 50 min. 2/12 00/ > May 1 729,000 2/12 121500 June 1 1,077,000 1/12 89750 July 1 396,000 385000 Click if you would like to Show Work for this question: Open Show Work (b) Calculate avoidable interest. (Round answer to O decimal places, e.g. 12,515.) Avoidable interest $! Click if you would like to Show Work for this question: Open Show Work

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