On May 1, 2020, Vaughn Manufacturing began construction of a building. Expenditures of $604800 were incurred monthly for 5 months beginning on May 1. The building was completed and ready for occupancy on September 1, 2020. For the purpose of determining the amount of Interest cost to be capitalized, the weighted average accumulated expenditures on the building during 2070 were $3024000 5504000 52419200 5604800