Sheridan Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6300000 on March 1, $5330000 on June 1, and $8850000 on December 31. Sheridan Company borrowed $3200000 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%, 3- year, $6440000 note payable and an 9%, 4-year, $12950000 note payable. What are the weighted-average accumulated expenditures? O $11630000 $8359167 O $20480000 O $9790000