On January $1,2025,$ Marigold, Inc. signed a fixed$-$price contract to have Builder Associates construct a major plant facility at a cost of $$4,246,000.$ It was estimated that it would take $3$ years to complete the project. Also on January $1,2025,$ to finance the construction cost, Marigold borrowed $$4,246,000$ payable in $10$ annual installments of $$424,600,$ plus interest at the rate of $10\%.$ During $2025,$ Marigold made deposits and progress payments totaling $$1,592,250$ under the contract; the weighted$-$average amount of accumulated expenditures was $$849,200$ for the year. The excess borrowed funds were invested in short$-$term securities$,$ from which Marigold realized investment income of $$260,100.$

What amount should Marigold report as capitalized interest at December $31,2025?$