TamariskFurniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $4.500.000 on January 1 2020. Tamarisk expected to complete the building by December 31, 2020. Tamarisk has the following debt obligations outstanding during the construction period, Construction loan-12% interest, payable semiannually, issued December 31, 2019 $1,800,000 Short-term loan-10% interest, payable monthly, and principal payable at maturity on May 30, 2021 1.260,000 Long-term loan-11% interest, payable on January 1 of each year. Principal payable on January 1, 2024 900,000 (a) Assume that Tamarisk completed the office and warehouse building on December 31, 2020, as planned at a total cost of $4.680,000, and the weighted average amount of accumulated expenditures was $3.240.000. Compute the avoidable interest on this project. (Use interest rates rounded to 2 decimal places, es. 7.58% for computational purposes and round final answers to 0 decimal places, e . 5,275) Avoidable Interest $ e Textbook and Media Save for Liter Attempts unlimited Submit An