For an "average" person they store 400g of glycogen in their muscles and 100g of glycogen in their liver. In this form, it is bound to 3-4 times as much water. So 500 * 3.5 is 2250g = 5 pounds just from this depletion.
As far as fat burning, a pound of fat has about 3500 calories. A 500 per day deficit will lead to 1 pound of weight loss. However, fat is also bound to water in a roughly 1:1 ratio so you'll also lose a pound of water too. So call this 2 pounds for the second week.
Add in all the weight in your digestive system over that two week period and you'll be ~10 pounds or more in two weeks. Again this assumes a person that is 30+ pounds overweight and has full glycogen stores.