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question 10, accounting easy. Sunland Company is constructing a building. Construction began on January 1 and was completed on December 31 . Expenditures were (
question 10, accounting easy.
Sunland Company is constructing a building. Construction began on January 1 and was completed on December 31 . Expenditures were \\( \\$ 6460000 \\) on March \\( 1, \\$ 5280000 \\) on June 1, and \\( \\$ 8150000 \\) on December 31. Sunland Company borrowed \\( \\$ 3240000 \\) on January 1 on a 5 -year, \10 note to help finance construction of the building. In addition, the company had outstanding all year a \8 year, \\( \\$ 6350000 \\) note payable and an \9-year, \\( \\$ 12650000 \\) note payable. What are the weighted-average accumulated expenditures? \\( \\$ 8463333 \\) \\( \\$ 9900000 \\) \\( \\$ 19890000 \\) \\( \\$ 11740000 \\) Step by Step Solution
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