Please help me determine the answer,change the numbers if needed I just need to see how to completethe problem.

On January 1, 2021, the Mason Manufacturing Company began construction of a building to be used as its office headquarters. The building was completed on September 30, 2022. Expenditures on the project were as follows:

January 1, 2021$1,180,000March 1, 2021660,000June 30, 2021860,000October 1, 2021660,000January 31, 2022279,000April 30, 2022612,000August 31, 2022909,000

On January 1, 2021, the company obtained a $3,100,000 construction loan with a 12% interest rate. The loan was outstanding all of 2021 and 2022. The company's other interest-bearing debt included two long-term notes of $4,000,000 and $6,000,000 with interest rates of 8% and 10%, respectively. Both notes were outstanding during all of 2021 and 2022. Interest is paid annually on all debt. The company's fiscal year-end is December 31.