Krondor Co. built a new office building in 2019 and started using it on January 1, 2020. The building cost $28,156,000, with weighted average expenditures of $11,262,000. Actual interest in 2019 was $12,671,000 and avoidable interest on the building was $8,447,000. Krondor Co. estimates that the warehouse will last for 20 years, after which it can be sold for $1,971,000. Based on this information, how much depreciation should Krondor Co. recognize on the building in 2020?