Swifty Company is constructing a building. Construction began on February $1$ and was completed on December $31.$ Expenditures were

$$1,824,000$ on March $1,$ $$1,224,000$ on June $1,$ and $$3,015,000$ on December $31.$

Swifty Company borrowed $$1,052,000$ on March $1$ on a $5-$year, $12\%$ note to help finance construction of the building. In addition, the

company had outstanding all year a $10\%,5-$year, $$2,132,000$ note payable and an $11\%,4-$year, $$3,215,000$ note payable. Compute

avoidable interest for Swifty Company. Use the weighted$-$average interest rate for interest capitalization purposes. $($Round weighted$-$

average interest rate to $4$ decimal places, e$.$g$.0\mathrm{.}2152$ and final answer to $0$ decimal places, e$.$g$.5,275.)$