Business
Business, 04.05.2021 03:50, rogelionavarro200314

On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: January 2, 2020 $ 592000 September 1, 2020 1806000 December 31, 2020 1806000 March 31, 2021 1806000 September 30, 2021 1219000 Marigold Corp. borrowed $3330000 on a construction loan at 10% interest on January 2, 2020. This loan was outstanding during the construction period. The company also had $12100000 in 7% bonds outstanding in 2020 and 2021. What were the weighted-average accumulated expenditures for 2020

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