Prefix Corporation is constructing a new wind power-generating facility. Construction began on January 2 and was completed on December 31 of the current year. Prefix made the following expenditures during the year: (Click the icon to view expenditures.) To specifically finance the project, Prefix issued $2,500,000 of 2-year, 10% notes payable on January 2. Interest is payable annually on December 31 each year. It earned interest income of $5,000 from investing the proceeds of the note during the year. What amount of interest can Prefix capitalize during the year? LOTS Degim by calculating the wignico-average accumulatico Capenares for the current year. (Do not round intermiculary Calculations. Only round the amount you input IIT the cell to the nearest dollar.) Date (Current Year) January 2 Weighted-Average Accumulated Expenditures Expenditure Table - August 1 October 1 December 1 Total Accumulated Expenditure Now, determine the amount of interest to be capitalized by Prefix Corporation. (R The interest to be capitalized is $ Enter any number in the edit fields and then continue to the next question. Date Amount January 2 $ 505,000 August 1 380,000 1,245,000 December 1 370,000 October 1 Print Done