Whispering Company is constructing a building. Construction began on February 1 and was completed on December 31 . Expenditur were $1,920,000 on March 1, $1,200,000 on June 1 , and $3,070,000 on December 31. Whispering Company borrowed $1,042,000 on March 1 on a 5 -year, 12% note to help finance construction of the building. In additio the company had outstanding all year a 10\%,5-year, $2,227,000 note payable and an 11%,4-year, $3,799,000 note payable. Comput avoidable interest for Whispering Company. Use the weighted-average interest rate for interest capitalization purposes. (Round welghted-average interest rate to 4 decimal places, eg. 0.2152 and final answer to 0 decimal ploces, eg. 5,275.) Avoidable interest