On March 1, Mocl Co. began construction of a small building. The following expenditures were incurred...

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On March 1, Mocl Co. began construction of a small building. The following expenditures were incurred for construction: March 1 $325.500 April 1 296,000 May 1 745,500 June 1 1,104,000 July 1 380,000 The building was completed and occupied on July 1. To help pay for construction $225,500 was borrowed on March 1 on a 12%, three- year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago. Calculate the weighted-average accumulated expenditures. (Do not leave any answer field blank. Enter O for amounts.) Weighted-Average Date Expenditures Capitalization Period Accumulated Expenditure March 1 $325,500 4/12 $ April 1 296,000 3/12 May 1 745.500 2/12 June 1 1,104,000 1/12 July 1 380,000 $ 0 On March 1, Mocl Co. began construction of a small building. The following expenditures were incurred for construction: March 1 $325.500 April 1 296,000 May 1 745,500 June 1 1,104,000 July 1 380,000 The building was completed and occupied on July 1. To help pay for construction $225,500 was borrowed on March 1 on a 12%, three- year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago. Calculate the weighted-average accumulated expenditures. (Do not leave any answer field blank. Enter O for amounts.) Weighted-Average Date Expenditures Capitalization Period Accumulated Expenditure March 1 $325,500 4/12 $ April 1 296,000 3/12 May 1 745.500 2/12 June 1 1,104,000 1/12 July 1 380,000 $ 0