Saved Help On January 1, 2021, Rolanda Hooch Inc. began construction...
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Saved Help On January 1, 2021, Rolanda Hooch Inc. began construction of a new quidditch stadium. The stadium was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 September 1, 2021 December 31, 2021 March 31, 2022 September 30, 2022 $ 215,000 $ 318,000 $ 310,000 $310,000 $ 215,000 Hooch borrowed $756,000 on a construction loan at 9% interest on January 1, 2021. This loan was outstanding throughout the construction period. The company had $4,530,000 in 9% bonds payable outstanding in 2021 and 2022. What were Hooch's average accumulated expenditures for 2021? Average accumulatures
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