Windsor Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $9,000,000 on January 1, 2020. Windsor expected to complete the building by December 31, 2020. Windsor has the following debt obligations outstanding during the construction period Construction loan-12% interest, payable semiannually, issued December 31, 2019 $3,600,000 Short-term loan 10% interest payable monthly, and principal payable at maturity on May 30, 2021 2,700,000 Long term loan 11% interest, payable on January 1 of each year. Principal payable on January 1, 2024 1.800,000 (a) Assume that Windsor completed the office and warehouse building on December 31, 2020, as planned at a total cost of $9,360,000, and the weighted average amount of accumulated expenditures was $6.480,000. Compute the avoidable interest on this project. (Use interest rates rounded to 2 decimal places, eg. 7.58% for computational purposes and round final answers too decimal places, eg: 5,275.) Avoidable Interest $