Energy-Efficient Construction: On April 1, 2026, EcoBuild Solutions contracted GreenBuilders to construct a new energy-efficient residential complex for $7,500,000. EcoBuild made payments for the construction as follows: June 1, $1,500,000, August 1, $2,250,000, and December 31, $3,750,000. The construction was completed, and the residential complex was ready for occupation on December 31, 2026. EcoBuild had the following outstanding debt as of December 31, 2026:

i) A 9% three-year note to finance construction of the residential complex, dated December 31, 2025, with interest payable annually on December 31. Principal amount: $4,000,000.

ii) A 6% five-year note payable, dated December 31, 2024, with interest payable annually on December 31. Principal amount: $3,000,000.

Required: i) Determine the amount of interest to be capitalized in 2026 in relation to the construction of the residential complex. ii) Prepare journal entries for EcoBuild Solutions during 2026.