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Vaughn Manufacturing is constructing a building. Construction began on January 1 and was completed on December 3 1 . Expenditures were $ 6 4 5

Vaughn Manufacturing is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6450000 on March 1, $5290000 on June 1, and $7950000 on December 31. Vaughn Manufacturing borrowed $3180000 on January 1 on a 5-year, 13% note to help finance construction of the building. In addition, the company had outstanding all year a 11%,3-year, $6420000 note payable and an 12%,4-year, $12650000 note payable.
What are the weighted-average accumulated expenditures?
$9900000
$19690000
$11740000
$8460833
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