On March 1, Mock Co. began construction of a small building. The following expenditures were incurred for construction: The building was completed and occupied on July 1 . To help pay for construction $200,000 was borrowed on March 1 on a 12%, threeyear note payable. The only other debt outstanding during the year was a $2,000,000,10% note issued two years ago. (a) Calculate the weighted-average accumulated expenditures