4. Raha Furnishing L.L.C. started construction of a combination office and warehouse building and warehousing building for its own use at an estimated cost of $5,000,000 on January 1, 2018. Raha Furnishing Co. expected to complete the building by Dec.31, 2018. $ 2,000,000 $1,600,000 Construction loan - 14% interest, payable semiannually issued Dec.31, 2017 Short term loan -8% interest, payable monthly and principal payable at maturity on May 30, 2019 Long term loan - 12% interest, payable monthly on January 1 of each year. Principal payable on January 1, 2022 $1,000,000 Instructions: Assume that the company completed the office and warehouse, as planned at a total cost of $5,200,000 and the weighted average accumulated expenditures was $3,800,000. Compute the Avoidable interest for this project