Given the following, determine the total interest carried during construction: Total Project Value: $7,474,602 LTVR: 80% Interest Rate: 4.38% Percent Complete this period: Draw 1 10.6% Draw 2 8.25% Draw 3 6.6% Draw 4 5.2% Draw 5 9.22% Draw 6 9.7% Draw 7 10.77% Draw 8 6.5% Draw 9 8.5% Draw 10 7.76% Draw 11 8.9% Draw 12 8% Provide your answers without dollar signs and commas, please provide two significant digits