This portion of the homework is wrong, I need assistance on this part. Thanks

A company constructs a building for its own use. Construction began on January 1 and ended December 30. The expenditures for construction were as follows: January 1,$660,000; March $760,000; June 30, $560,000; October 30,$1,080,000. The company arranged a 7% loan on January 1 for $1,020,000. Assume the $1,020,000 loan is not specifically tied to the constructio of the building. The company's other borrowings, outstanding for the whole year, consisted of a $2 million loan and a $4 million note with interest rates of 9% and 6%, respectively. Assuming the company uses the weighted-average method, calculate the amount of interest capitalized for the year. Note: Enter your answers in whole dollars and not in millions. Do not round intermediate calculations. Round your percentage answers to 2 decimal places (i.e. 0.1234 should be entered as 12.34%)