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8. ABC Company began construction of a machine for internal use on 2/1/16 and completed it on 12/31/16. Expenditures were as follows:3/1/16 $1,800,0006/1/16 $1,200,00011/30/16 $3,000,000In order to capitalize interest, management must compute the weighted-average accumulated expenditures. Show your calculation in detail.