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Question 1 of 16 - / 0.5 III View Policies Current Attempt in Progress Sunland Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $ 1,848,000 on March 1, $ 1,248,000 on June 1, and $3,085,270 on December 31. Compute Sunland's weighted-average accumulated expenditures for interest capitalization purposes. Weighted-Average Accumulated Expenditures $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 70% score reduction after attempt 1 Question 2 of 16 - / 0.5 = View Policies Current Attempt in Progress Ivanhoe Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,004,000 on March 1, $ 1,284,000 on June 1, and $3,024,560 on December 31. Ivanhoe Company borrowed $ 1,101,510 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5-year, $ 2,417,700 note payable and an 11%, 4-year, $ 3,702,800 note payable. Compute the weighted-average interest rate used for interest capitalization purposes. (Round answer to 2 decimal places, e.g. 7.58%.) Weighted-average interest rate % e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 70% score reduction after attempt 1