Pearl Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $4.500.000 on March 1, $3,000,000 on June 1, and $7.500.000 on December 31. Pearl Company borrowed $2,500,000 on March 1 on a 5-year, 10% note to help finance construction of the building in addition, the company had outstanding all year a 12%, 5-year $5,000,000 note payable and an 11%, 4-year, 68,750,000 note payable Compute avoidable interest for Pearl Company. Use the weighted average interest rate for interest capitalization purposes. (Round "Weighted. average interest rate" to 4 decimal places, c.8.0.2152 and final answer to decimal places, eg, 5.275.) Avoidable interest