Nash Company is constructing a building. Construction began on February 1 and was completed on December 31 . Expenditures were $1,812,000 on March 1, $1,212,000 on June 1, and $3,014,000 on December 31 . Nash Company borrowed $1,071,000 on March 1 on a 5-year, 12% note to help finance construction of the building In addition, the company had outstanding all year a 10%,5-year, $2,031,000 note payable and an 11%,4-year, $3,170,000 note payable, Compute avoidable interest for Nash Company. Use the weighted-average interest rate for interest capitalization purposes, (Round weightedaverage interest rate to 4 decimal ploces, es. 0.2152 and final answer to 0 decimal ploces, eg. 5,275.) Avoidable interest