13. On December 1, 2022, EcoFriendly Inc. contracted EcoBuilders to construct a new environmentally-conscious manufacturing plant for $3,000,000. EcoFriendly made payments for the construction as follows: January 1, $800,000, April 1, $1,200,000, and December 31, $1,000,000. The construction was completed, and the manufacturing plant was ready for operation on December 31, 2023. EcoFriendly had the following outstanding debt as of December 31, 2023:
    i) A 10% four-year note to finance construction of the manufacturing plant, dated December 31, 2022, with interest payable annually on December 31. Principal amount: $1,500,000.
    ii) A 8% six-year note payable, dated December 31, 2020, with interest payable annually on December 31. Principal amount: $800,000.
    iii) 9% ten-year bonds issued on December 31, 2019, with interest payable annually on December 31. Principal amount: $700,000.

    Required:
    i) Determine the amount of interest to be capitalized in 2023 in relation to the construction of the manufacturing plant.
    ii) Prepare journal entries for EcoFriendly Inc. during 2023.