In 2023 Dublin Inc. is planning on building a new office building. The CFO has assigned you the job of determining the impact on the financial statements for this construction. Prior to interest capitalization the budgeted total cost of construction is $2,100,000. The following calculations have been made regarding the new office building. Actual Interest: $245,000 Avoidable Interest: $125,000 Answer the following questions related to the impact of the construction of the building on the 2023 financial statements. (do not use commas, decimals or $ signs in your answers) What is the total cost that would be recognized for the new building? A)