On December 31, 2024, Riverbed Inc. borrowed $1,020,000 at 12% payable annually to finance the construction of a new building. In 2025, the company made the following expenditures related to this building: June 1. $408,000; July 1, $612,000; September 1. $1,224,000; December 1. $612,000. The building was completed in April 2026. Additional information is provided as follows: 1. Other debt outstanding 10-year, 10% bond, dated December 31, 2018, interest payable annually $10,200,000 15-year, 12% note, dated December 31, 2012, interest payable annually $2,550,000 2 Interest revenue earned in 2025 $6,120 (a) Your answer is correct. Determine the amount of interest to be capitalized in 2025 in relation to the construction of the building. (Round answer to O decimal places, eg. 5,125) The amount of interest $ eTextbook and Media List of Accounts Your answer is partially correct. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2025. (Round answers to O decimal places, eg. 5,125. 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 O for the amounts. List all debit entries before credit entries.) ate Account Titles and Explanation er 31, 2025 Buildings Debit 120380 Credit Interest Expense Cash eTextbook and Media Buildings