Sustainable Construction: On January 1, 2023, GreenBuild Inc. contracted EcoBuilders to construct a new sustainable office complex for $3,500,000. GreenBuild made payments for the construction as follows: March 1, $700,000, May 1, $1,050,000, and December 31, $1,750,000. The construction was completed, and the office complex was ready for occupation on December 31, 2023. GreenBuild had the following outstanding debt as of December 31, 2023:

i) A 9% four-year note to finance construction of the office complex, dated December 31, 2022, with interest payable annually on December 31. Principal amount: $1,500,000.

ii) A 7% six-year note payable, dated December 31, 2021, with interest payable annually on December 31. Principal amount: $1,000,000.

Required: i) Determine the amount of interest to be capitalized in 2023 in relation to the construction of the office complex. ii) Prepare journal entries for GreenBuild Inc. during 2023.