Qu Time left 0:11:53 On January 2, 2019, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished and ready for use on December, 30, 2019. Expenditures for the construction were as follows: FI January 2, 2019 $300,000 600,000 June 1, 2019 October 31, 2019 600,000 Indian River Groves borrowed $1,000,000 on a construction loan at 10% interest on January 2, 2019. This loan was outstanding during the construction period. The company also had $2,000,000 in 9% bonds outstanding in 2019 a) What were the weighted average accumulated expenditures for 2019? b) What was the amount of avoidable interest to be capitalized for 2019