Eco-Friendly Infrastructure: On March 1, 2025, GreenTech Corp. contracted Blue Builders to construct a new eco-friendly data center for $8,000,000. GreenTech made payments for the construction as follows: May 1, $1,600,000, July 1, $2,400,000, and December 31, $4,000,000. The construction was completed, and the data center was ready for operation on December 31, 2025. GreenTech had the following outstanding debt as of December 31, 2025:

i) A 10% three-year note to finance construction of the data center, dated December 31, 2024, with interest payable annually on December 31. Principal amount: $3,500,000.

ii) A 7% five-year note payable, dated December 31, 2023, with interest payable annually on December 31. Principal amount: $2,500,000.

Required: i) Determine the amount of interest to be capitalized in 2025 in relation to the construction of the data center. ii) Prepare journal entries for GreenTech Corp. during 2025.