Question: Use the information for Zhang Ltd. from BE10.2 and BE10.3. Compute avoidable interest for Zhang. Zhang Ltd. is constructing a building. Construction began on February

Use the information for Zhang Ltd. from BE10.2 and BE10.3. Compute avoidable interest for Zhang.
Zhang Ltd. is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were HK$1,800,000 on March 1, HK$1,200,000 on June 1, and HK$3,000,000 on December 31. Compute Zhang's weighted-average accumulated expenditures for interest capitalization purposes.

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