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On March 1, Mocl Ca. began construction of a small building. The following expenditures were incurred for construction: The building was completed and occupied on

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On March 1, Mocl Ca. 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 $203,000 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 aga. Calculate the weighted-average accumulated expenditures. (Do not leave any answer field blank. Enter O for amounts.) Calculate avoidable interest. (Round answer to 0 decimal places, e.g. 12,515.) Avoidable interest \$

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