Wildhorse Company is constructing a building. Construction began on February $1$ and was completed on December $31.$ Expenditures

were $$2,004,000$ on March $1,$$$1,284,000$ on June $1,$ and $$3,055,000$ on December $31.$

Wildhorse Company borrowed $$1,163,000$ 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, $$2,377,000$ note payable and an $11\%,4-$year, $$3,691,000$ note payable. Compute

avoidable interest for Wildhorse Company. Use the weighted$-$average interest rate for interest capitalization purposes. $($Round

weighted$-$average interest rate to $4$ decimal places, e$.$g$.0\mathrm{.}2152$ and final answer to $0$ decimal places, e$.$g$.5,275.)$

Avoidable interest $