Use the Following Information for Questions 82 Through 85

Multiple Choice

Use the following information for questions 82 through 85.
On January 2, 2014, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2015. Expenditures for the construction were as follows: Indian River Groves borrowed $2,200,000 on a construction loan at 12% interest on January 2, 2014. This loan was outstanding during the construction period. The company also had $8,000,000 in 9% bonds outstanding in 2014 and 2015.
-What were the weighted-average accumulated expenditures for 2015 by the end of the construction period?

A) $780,000
B) $3,270,000
C) $3,972,000
D) $2,772,000