Eco-Friendly Building Construction: On June 1, 2028, GreenTech Solutions contracted Blue Builders to construct a new eco-friendly building for $10,000,000. GreenTech made payments for the construction as follows: August 1, $2,000,000, October 1, $3,000,000, and December 31, $5,000,000. The construction was completed, and the building was ready for occupation on December 31, 2028. GreenTech had the following outstanding debt as of December 31, 2028:

i) A 9% three-year note to finance construction of the building, dated December 31, 2027, with interest payable annually on December 31. Principal amount: $6,000,000.

ii) A 5% five-year note payable, dated December 31, 2026, with interest payable annually on December 31. Principal amount: $4,000,000.

Required: i) Determine the amount of interest to be capitalized in 2028 in relation to the construction of the building. ii) Prepare journal entries for GreenTech Solutions during 2028.