On March $1,2023,$ Blossom Ltd$.$ purchased land for $$283000$ cash, which it intends to use for its new head office. Construction on the

office building began on March $1.$ The following expenditures were incurred for construction:

The office building was completed and ready for occupancy on July $1.$ To help pay for construction, Blossom borrowed $$387000$ on

March $1,2023,$ on a $10\%,$ three$-$year note payable. Other than this note, the only other debt outstanding during $2023$ was a $$158000,$

$11\%,$ six$-$year note payable dated January $1,2022.$ The weighted$-$average accumulated expenditures on the construction project

during $2023$ were

$$1517757.$

$$301917.$

$$364917.$

$$165367.$