Tamarisk Company is constructing a building. Construction began on February 1 and was completed on December 31 . Expenditures were $1,980,000 on March 1, $1,260,000 on June 1 , and $3,087,000 on December 31 . Tamarisk Company borrowed $1,172,000 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, $2,045,000 notepayable and an 11%,4-year, $3,472,000 note payable. Compute avoidable interest for Tamarisk Company. Use the weighted-average interest rate for interest capitalization purposes. (Round weighted-average interest rate to 4 decimal ploces, es. 0.2152 and final answer to 0 declmal places, es. 5.275. Avoidable interest