Tamarisk Company began construction of a new building during $2025.$ The building is expected to be completed on December $31,2025.$ During $2025,$ payments to the contractor are $$558,000$ on January $4,$$$342,000$ on May $1,$ and $$408,000$ on October $1.$ Tamarisk has secured a construction loan of $$449,000$ at $6\%$ interest on January $4,2025.$ The company also has $$9,500,000$ in $10\%$ bonds outstanding in $2026$ and $2025.$ What is the interest amount to capitalize?

Interest to capitalize

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