During 2023, Carla Vista Company constructed various assets at a total cost of $5.40 million. The weighted-average accumulated expenditures on assets qualifying for capitalization of interest during 2023 were $3.00 million. The company had the following debts outstanding at December 31, 2023: 1. 2. 3. (a) 8%, five-year note to finance construction of various assets, dated January 1, 2023, with interest payable annually on January 1 $1,920,000 10%, ten-year bonds issued at par on December 31, 2018, with interest payable annually on December 31 $2,160,000 7%, three-year note payable, dated January 1, 2022, with interest payable annually on January 1 $1,080,000 Calculate the avoidable interest for 2023. (Round answer to 0 decimal places, e.g. 1,525.) Avoidable interest $

During 2023, Carla Vista Company constructed various assets at a total cost of $5.40 million. The weighted-average accumulated expenditures on assets qualifying for capitalization of interest during 2023 were $3.00 million. The company had the following debts outstanding at December 31, 2023: 1. 8\%, five-year note to finance construction of various assets, dated January 1,2023, with interest payable annually on January 1$1.920.000 2. 106, ten-year bonds lssued at par on December 31, 2018, with interest payable annually on December 31$2,160,000 3. T\%, three-year note pryable, dated January 1, 2022, with interest payable annually on January 1$1,080,000 (a) Calculate the avoidabie interest for 2023. (Round answer to 0 decimal places, es 1.525) Awoidable interest 3