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Pina Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,956,000 on March 1, $1,236,000 on

Pina Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,956,000 on March 1, $1,236,000 on June 1, and $3,077,810 on December 31. Compute Pinas weighted-average accumulated expenditures for interest capitalization purposes.

Weighted-Average Accumulated Expenditures

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