A company constructs a building for its own use. Construction began on January $1$ and ended on December $30.$ The expenditures for

construction were as follows: January $1,$ $$580,000$; March $31,$$$680,000$; June $30,$$$480,000$; October $30,$$$840,000.$ To help finance

construction, the company arranged a $7\%$ construction loan on January $1$ for $$860,000.$ The company's other borrowings, outstanding

for the whole year, consisted of a $$4$ million loan and a $$6$ million note with interest rates of $8\%$ and $6\%,$ respectively.

Assuming the company uses the specific interest method, calculate the amount of interest capitalized for the year.

Note: Enter your answers in whole dollars and not in millions. Do not round intermediate calculations. Round your percentage

answers to $2$ decimal places $($i$.$e$.0\mathrm{.}1234$ should be entered as $12\mathrm{.}34\%).$