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Skysong Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $5.500,000 on January 1, 2025. Skysong expected to complete the building by December 31,2025 . Skysong has the following debt obligations outstanding during the construction period. (a) Assume that Skysong completed the office and warehouse building on December 31, 2025, as planned, at a total cost of $5,720,000, and the weighted-average amount of accumulated expenditures was $3,960,000. Compute the avoidable interest on this project. (Use interest rates rounded to 2 decimal ploces es. 7.58% for computational purposes and round final answers to 0 decimal ploces, e.8. 5.275.) Avoidable interest