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On March 1 , Moc Co . began construction of a small building. The following expenditures were incurred for construction:March 1 $ 3 0 0

On March 1, Moc Co. began construction of a small building. The following expenditures were incurred for construction:March 1$ 300,000May 1720,000April 1 $ 296,000June 11,080,000July 1400,000The building was completed and occupied on July 1. To help pay for construction $200,000 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding duung the yearwas a $2.000000,10% note issued two years ago.Instructions(3) Calculate the weighted-average accumulated expenditures(b) Calculate avoidahle interest.

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