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Agasse Industries began construction of a new focility and took out a $1,500,000, 8% construction loan on April 1, 2021 Agosse mode payments to the

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Agasse Industries began construction of a new focility and took out a $1,500,000, 8% construction loan on April 1, 2021 Agosse mode payments to the general contractor of $454,000 on April 1,5954,000 on August 31, and $554.000 on December 31 Required: Compute the amount of interest that Agasse would capitalize in 2021. (Do not round Intermediate calculations.) Amount of interest

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