Coca-Cola self-constructed a factory building.

- The project began on January 1st, 2021 and was completed on December 31st, 2021.

- A total of $750,000 of expenditures were incurred evenly throughout the year.

- On January 1st, 2021, Coca-Cola issued a $562,500 construction loan with a 9.5% to finance the project.

- In addition to the construction loan, Coca-Cola had a $1,125,000 general loan with a 11.25% interest rate outstanding during the year 2021.

Coca-Cola follows the weighted-average interest method. How much interest cost should it capitalize during the year 2021?