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Petrel, Inc. began construction of a new office building in 2019. They paid the construction company $7,654,000 each month for 4 months, starting on June
Petrel, Inc. began construction of a new office building in 2019. They paid the construction company $7,654,000 each month for 4 months, starting on June 1. Assuming the building was substantially ready to use on September 1, what were weighted average expenditures for the project?
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