Messersmith Company Is Constructing a Building

Multiple Choice

Messersmith Company is constructing a building. Construction began in 2014 and the building was completed 12/31/14. Messersmith made payments to the construction company of $2,000,000 on 7/1, $4,200,000 on 9/1, and $4,000,000 on 12/31. Weighted-average accumulated expenditures were

A) $2,050,000.
B) $2,400,000.
C) $6,200,000.
D) $10,200,000.