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Hanson Company is constructing a building. Construction began on February 1 and was completed on...

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Accounting

Hanson Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,028,000 on March 1, $1,284,000 on June 1, and $3,039,100 on December 31. Compute Hansons weighted-average accumulated expenditures for interest capitalization purposes.

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