On December 31, 2019, Grouper Inc. borrowed $3,660,000 at 13% payable annually to finance the construction of a new building. In 2020, the company made the following expenditures related to this building: March 1, \$439,200; June 1, \$732,000; July 1, $1,830,000; December 1,$1,830,000. The building was completed in February 2021 . Additional information is provided as follows. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31 , 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)