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Question 18 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Concord Corporation is constructing a building Construction began on

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Question 18 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Concord Corporation is constructing a building Construction began on January 1 and was completed on December 31. Expenditures were $6410000 on March 1, $5320000 on June 1, and $8050000 on December 31. Concord Corporation borrowed $3250000 on January 1 on a 5-year, 14% note to help finance construction of the building. In addition, the company had outstanding all year a 12%, 3-year, $6430000 note payable and an 13%, 4-year, $12250000 note payable. What are the weighted average accumulated expenditures? $8445000 $9890000 $19780000 $11730000 eTextbook and Media Attempts: 1 of 2 used Save for Later Subrnit

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