Question 18 (4 points) On 1/1/17, Red & BlueInc. begins the construction of a new plant that will be used for operations and will take several years to complete. The company makes the following expenditures during the year: 01/01/2017: $100,000 03/31/2017: $400,000 09/30/2017: $400,000 11/30/2017: $600,000 Which of the following is equal to the weighted average accumulated expenditures? $400,000 $375,000 $1,500,000 $550,000