Question: O n January 2 , 2 0 2 5 , Concord Corporation began construction o f a new citrus processing plant. The automated plant was

On January 2,2025, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished and
ready for use on September 30,2025. Expenditures for the construction were as follows:
Concord Corporation borrowed $3330000on a construction loan at10% interest on January 2,2025. This loan was outstanding
during the construction period. The company also had $13560000in7% bonds outstanding in2025 and 2026.
What were the weighted-average accumulated expenditures for 2026by the end of the construction period?
$905400
$4349660
$5978445
$4167645
O n January 2 , 2 0 2 5 , Concord Corporation

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