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U March 1. Moc Co. began construction of a small building. The following expenditures were incurred for construction 02:58:20 Hide Tiner March 1 Aprili May

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U March 1. Moc Co. began construction of a small building. The following expenditures were incurred for construction 02:58:20 Hide Tiner March 1 Aprili May 1 June 1 July 1 $301,500 299.000 721,500 1,077,000 398,000 The building was completed and occupied on July 1. To help pay for construction 5201 500 was borrowed on March on a 12 a $2,000,000, 10% note issued two years ago three year note payable. The only other debt outstandine during the year was Calculate the weighted average accumulated expenditures. (Do not leave any answer field blank. Enter for amounts) Date March 1 Weighted Average Expenditures Capitalization Period Accumulated Expenditure $301.500 April 1 299.000 May 1 721.500 1,077.000 July 1 398,000 Calculate avoidable interest. (Round answer to decimal places, s 12,515) Avoidable interests

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