Metlock Company began construction of a new building during 2025. The building is expected to be completed on December 31, 2025. During 2025, payments to the contractor are $540,000 on January 4,$252,000 on May 1 , and $456,000 on October 1 . Metlock has secured a construction loan of $506,000 at 6% interest on January 4,2025 . The company also has $8,850,000 in 9% bonds outstanding in 2026 and 2025. What is the interest amount to capitalize? Interest to capitalize $ eTextbook and Media