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Oriole Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,860,000on March 1, $1,260,000on June 1,

Oriole Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,860,000on March 1, $1,260,000on June 1, and $3,080,650on December 31. Compute Orioles weighted-average accumulated expenditures for interest capitalization purposes.

Weighted-Average Accumulated Expenditures

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