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On March 2010, Shefoo Company purchased land for an office site by paying 108,000 cash. Shefaa' began construction on the office building on March 1.

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On March 2010, Shefoo Company purchased land for an office site by paying 108,000 cash. Shefaa' began construction on the office building on March 1. The following expenditures were incurred for construction Date Expenditures Morch 1, 2019 72.000 100,800 April 2019 May 1, 2019 180.000 June 1, 2019 288.000 the ottice was completed and ready tot occupancy on July to help pay for construction C144.000 was borrowed on March 2018 on a 9% 3-yecar note pootste Omer than the construction note the only debt outstanding during 2015 was a C80,000, 12%, 6-year note payable dated January 2018 The weighted average accumulated expenditures on the construction project during 2010 were

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