Situation III Teal, Inc. has a fiscal year ending April 30. On May 1, 2020, Teal borrowed $ 9,056,000 at 11% to finance construction of its own building. Repayments of the loan are to commence the month following completion of the building. During the year ended April 30, 2021, weighted-average accumulated expenditures were $ 3,169,600. Interest earned on the unexpended portion of the loan amounted to $ 588,640for the year. How much should be shown as capitalized interest on Teal's financial statements at April 30, 2021? Capitalized interest on Teal's financial statements e Textbook and Media