On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 September 1, 2021 December 31, 2021 March 31, 2022 September 30, 2022 $323,000 $ 483,000 $ 483,000 $ 483,000 $323,000 Dreamworld had $6,100,000 in 15% bonds outstanding through both years. Dreamworld's capitalized interest in 2021 was