Pronghorn Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,160,000 on March 1,$1,440,000 on June 1 , and $3,600,000 on December 31 . Pronghorn Company borrowed $1,200,000 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, $2,400,000 note payable and an 11%,4-year, $4,200,000 note payable. Compute avoidable interest for Pronghorn Company. Use the weighted-average interest rate for interest capitalization purposes. (Round "Welghted-average interest rate" to 4 decimal places, es. 0.2152 and final answer to 0 decimal places, es. 5,275.) Avoidable interest