Quanta began construction of a building on March 31, 2021. The project was completed on April 30, 2022. No specific loan was taken out to fund the building project but two different liabilities were outstanding throughout the construction period: $6,000,000, 6% notes $6,800,000, 10% bonds Construction expenditures incurred were as follows:

March 31, 2021	$	3,100,000
June 30, 2021		5,100,000
November 30, 2021		1,620,000
February 28, 2022		2,100,000

The companys fiscal year-end is December 31. Required: Calculate the amount of interest capitalized for 2021 and 2022