Question: Headland Ltd . is constructing a building. Construction began on February 1 and was completed on December 3 1 . Expenditures were HK $ 2

Headland Ltd. is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were
HK $2,160,000 on March 1, HK$1,440,000 on June 1, and HK $2,520,000 on December 31. Compute Headland's average carrying
amount for borrowing cost capitalization purposes.
Average carrying amount ,HK$
Headland Ltd. is constructing a building. Construction began on February 1

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