Question 19 of 20.

Question 19 of 20 On March 1, Mocl Co. began construction of a small building. The following expenditures were incurred for construction: March 1 April 1 May 1 June 1 July 1 $304,500 248,000 732,000 390,000 The building was completed and occupied on July 1. To help pay for construction $204,500 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago. Calculate the weighted-average accumulated expenditures. (Do not leave any answer field blank. Enter O for amounts.) Date March 1 April 1 Expenditures Capitalization Period $304,500 248,000 Weighted-Average Accumulated Expenditure