Question: 9 Sheffield Corp. is constructing a building. Construction began in 2025 and the building was completed 12/31/25. Sheffield made payments to the construction company of

Sheffield Corp. is constructing a building. Construction began in 2025 and the building was completed 12/31/25. Sheffield made payments to the construction company of $2448000 on 3/1/25, $1254000 on 6/1/25, and $3732000 on 12/1/25. Weighted-average accumulated expenditures were $2882500. $7434000. $3082500. $3482500

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