Question 1\ On January 1, 2012, Harrison's, Inc., borrowed

$90,000

at

12%

payable annually to finance the construction of a new building. The building was completed December 31, 2012. In 2012, the company made the following expenditures related to this building: March

1,$360,000

; June 1,

$600,000

; July 1,

$1,500,000

; December

1,$1,200,000

; December

31,$300,000

. Additional information is provided as follows:\ Other debt outstanding:\ 10-year,

11%

bond

$4,000,000

\ 6-year,

10%

note

$1,600,000

\ The March 1, 2012 expenditure includes land cost of

$150,000

\ Research and development expenses in 2012 were.

$7hat(x),000

\ What is the total amount of the Weighted Average Accumulated Expenditures?\ Enter the Number, do NOT use dollar sign, DO USE commas-- if necessary.\ Integer, decimal, or E notation allowed

On January 1,2012 , Harrison's, Inc., borrowed $90,000 at 12% payable annually to finance the construction of a new building. The building was completed December 31, 2012. In 2012, the company made the following expenditures related to this building: March 1,$360,000; June 1,$600,000; July 1,$1,500,000; December 1,$1,200,000; December 31,$300,000. Additional information is provided as follows: 1. Other debt outstanding: 10 -year, 11% bond $4,000,000 6 -year, 10% note. $1,600,000 2. The March 1, 2012 expenditure includes land cost of $150,000 3. Research and development expenses in 2012 were........ $7x^,000 What is the total amount of the Weighted Average Accumulated Expenditures? Enter the Number, do NOT use dollar sign, DO USE commas-- if necessary. Integer, decimal, or E notation allowed