Company A is constructing a building. Construction began on January 1 and was completed on December 31 of the same year. Expenditures were $5,220,000 on January 1, $3,480,000 on August 1, and $8,700,000 on December 31. Company A borrowed $3,500,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 11%, 5- year, $5,800,000 note payable and an 13%, 4-year, $10,150,000 note payable. Compute avoidable interest for Company A. (Round "Weighted average interest rate" to 4 decimal places, e.g. 0.1785 and final answer to 0 decimal places, e.g. 3369; do not include dollar sign land comma in your final answer.) Avoidable interest $