On March 1, 2024, GreenScape Co. contracted EcoBuilders to construct a new eco-friendly park for $2,200,000. GreenScape made payments for the construction as follows: May 1, $400,000, July 1, $600,000, and December 31, $1,200,000. The construction was completed, and the park was ready for use on December 31, 2024. GreenScape had the following outstanding debt as of December 31, 2024:
i) A 8% four-year note to finance construction of the park, dated December 31, 2023, with interest payable annually on December 31. Principal amount: $1,500,000.
ii) A 6% six-year note payable, dated December 31, 2022, with interest payable annually on December 31. Principal amount: $800,000.

Required:
i) Determine the amount of interest to be capitalized in 2024 in relation to the construction of the park.
ii) Prepare journal entries for GreenScape Co. during 2024.