Creon Corp. is constructing an asset for its own use during the second quarter of a calendar year. The following qualifying expenditures related to the asset were made during the year: $60,000 on April 1, $90,000 on June 1, and $100,000 uniformly during the period. The average amount of accumulated expenditures for this quarterly accounting period was
(A) $250,000
(B) $190,000
(C) $140,000
(D) $130,000
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Home » Business » Creon Corp. is constructing an asset for its own use during the second quarter of a calendar year. The following qualifying expenditures related to the asset were made during the year: $60,000 on April 1, $90,000 on June 1, and $100,000 uniformly