On December 31,2024 , Sheffield Inc. borrowed $1,290,000 at 13% payable annually to finance the construction of a new building. In 2025 , the company made the following expenditures related to this building: June 1, $516,000; July 1, $774,000 : September 1 , \$1,548,000; December 1, 5774,000 . The building was completed in April 2026. Additional information is provided as follows: (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 fo 0 decimal piaces eg. 5,125.) The amount of interest 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 0 decimal places, e 3.5,125. 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.)