Question: Marigold Corp, is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6440000 on March 1, $5330000

Marigold Corp, is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6440000 on March 1, $5330000 on June 1, and $8950000 on December 31. Marigold Corp. borrowed $3190000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $6400000 note payable and an 11 %, 4-year, $12750000 note payable. What are the weighted-average accumulated expenditures? O $8475833 O $20720000 O $9930000 O $11770000

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