Immediately after completing the purchase on July 1, 2019, PJs Lighting began the construction of a 3-level parking garage. They paid the following invoices on the dates listed.

Invoice Date	Payment Date	Payment Amount
7/1/2019	7/31/2019	$3,000,000
9/15/2019	9/30/2019	$1,200,000
11/1/2019	12/1/2019	$750,000

To support these payments, PJs Lighting took out a construction loan on July 1, 2019 of $900,000. The loan has an interest rate of 9%. In addition to this loan, the S-Mart had three other loans outstanding during the year, as follows:

Loan Start Date	Loan End Date	Principal	Interest Rate
1/1/1990	12/31/2022	$1,000,000	6%
6/30/1997	1/1/2025	$3,500,000	12%
8/15/1999	8/14/2029	$300,000	10%

Assume all bonds pay interest on paid on June 30 and December 31. Assume there is no bond discount or premium on any bonds. Assume the parking garage was put into service on December 31, 2019.

2.1: Record the journal entry(ies) on December 31, 2019 for the TOTAL interest paid on all loans for the six months ended December 31, 2019, including any interest that needs to be capitalized.