Oriole Company is constructing a building. Construction began on January 1 and was completed on December 31 . Expenditures were $6500000 on March 1, $5330000 on June 1, and $8350000 on December 31. Oriole Company borrowed $3210000 on January 1 on a 5 -year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10\%, 3-year, $6400000 note payable and an 11%, 4-year, $12950000 note payable. To which amount is the avoidable interest for Oriole Company closest? (Round weighted-average interest rate percentage to 2 decimal places, e.g. 52.75. And final answer to 0 decimal places, e.g. 5,275.) $952399 $385200 $451861 $1252213