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Solbh Compiary is comitructinca buiding Construction bezan on february 1 and was completed on December 31 . Expenditures were $2.078,000 on March 1,$1,224,000 on June
Solbh Compiary is comitructinca buiding Construction bezan on february 1 and was completed on December 31 . Expenditures were $2.078,000 on March 1,\$1,224,000 on June 1, and \$3,001,740 on December 31. Compute 5plishis weighted-average accumulated expenditures for interest capitatization purposes Weithted-averace accumilated expenditures Nash Company is constructing a bullding Construction began on February 1 and was completed an December 31 . Expenditures were $1,812,000 on March 1,\$1,212,000 on June 1, and \$3,014,000 on December 31 Nath Company borrowed $1.071,000 on March 1 on s Syear, 12K note to help finance construction of the bulding In addition the compary had outstanding all year a 10K, 5 vear, $2,031,000 note payable and an 11%,4 year, $3,170,000 note payable. Compute inoldable interest for Nash Company. Use the weiphted-average interest rate for interest capitalitzation purposes. (Round welahted. average interst rote to 4 decimal ploces, es. 0.2152 and final enswer to 0 decimal places, es 5.775 ) Avoidable interest
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