On March 1, Mocl Co. began construction of a small building. The following expenditures were incurred for construction: March 1 $321,000 April 1 290,000 May 1 754,500 June 1 1.152.000 July 1 383,000 The building was completed and occupied on July 1. To help pay for construction $221,000 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.) Date Expenditures Capitalization Period Weighted-Average Accumulated Expenditure March 1 $321,000 4/12 $ April 1 290,000 3/12 4 May 1 754,500 2/12 June 1 1.152,000 1/124 0 0 383,000 July 1 $ Calculate avoidable interest. (Round answer to 0 decimal places, e.g. 12,515.) Avoidable interest $