Current Attempt in Progress Vaughn Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $4,320,000 on March 1, $2,880,000 on June 1, and $7.200,000 on December 31. Vaughn Company borrowed $2,400,000 on March 1 on a 5-year, 10% note to help finance construction of the building. In addition, the company had outstanding all year a 12%, 5-year. $4,800,000 note payable and an 11%, 4-year. $8,400,000 note payable. Compute avoidable interest for Vaughn Company. Use the weighted-average interest rate for interest capitalization purposes. (Round "Weighted-average interest rate" to 4 decimal places, eg, 0.2152 and final answer to decimal places, eg. 5,275.) Avoidable interest $