On 31 December 2020, Saat Ditunggu Bhd borrowed RM1,750,000 at 9% payable annually to finance the construction of a new office building. In 2021, the company made the following expenditures related to this office building: 1 February RM485,000; 30 June, RM255,000; 1 September, RM550,000; 31 October 350,000; 1 December RM725,000. Additional information is provided as follows: (1) Other debt outstanding 7-year, 8% bond, 31 December 2017, interest payable annually RM3,000,000 9-year, 11\% note, dated 31 December 2015, interest payable annually RM4,500,000 (2) 1 February 2021, expenditure included land costs of RM285,000 (3) Interest revenue RM27,500 earned in 2021 on funds are not related to specific borrowing. REQUIRED: (Round your answer to the nearest RM) (a) Determine the amount to be capitalized in 2021 in relation to the construction of the office building. (b) Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at 31 December 2021