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Compute blossom weighted-average accumulated expenditures

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Question - Blossom Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,052,000 on March 1, $1,200,000 on June 1, and $3,072,650 on December 31. Compute Blossom's weighted-average accumulated expenditures for interest capitalization purposes.

Reference no: EM133141724

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