7 (4 points) A building was constructed last year for Agro Co. for use as a production facility Construction began on January 1 and was completed on December 31. The payments to the contractor were as follows Date Payment 1/1 $400,000 4/30 600,000 8/1 420.000 10/1 600,000 To finance construction of the building a $750,000, 10 construction loan was taken out on January 1 The loan was ropaid on December 31. The firm had iwe sources of general debe $100.000 payable, 10% annual interest, and $500,000 par value hond. 7% al interest Determine the amount of interest to be capitalued