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Larkspur Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures
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SOLUTION:

Payment Date Expenditures(A) Capitalization Period (B) Weight(C=B/12) Weighted Expenditures (A*C)
March 1 2028000 10/12 0.833 1689324
June 1 1308000 7/12 0.583 762564
December 31 3003740 0/12 -

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Weighted average Accumulated expenditure 2451888   
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