During $2023,$ Ivanhoe Company constructed various assets at a total cost of $$4\mathrm{.}30$ million. The weighted$-$average accumulated

expenditures on assets qualifying for capitalization of interest during $2023$ were $$2\mathrm{.}70$ million. The company had the following debts

outstanding at December $31,2023$:

$8\%,$ five$-$year note to finance construction of various assets, dated January $1,2023,$ with interest payable annually on January

$1$$$1,730,000$

$10\%,$ ten$-$year bonds issued at par on December $31,2018,$ with interest payable annually on December $31$$$1,940,000$

$7\%,$ three$-$year note payable, dated January $1,2022,$ with interest payable annually on January $1$$$970,000$

$($a$)$

Your answer is incorrect.

Calculate the avoidable interest for $2023.($Round answer to $0$ decimal places, e$.$g$.1,525.)$

Avoidable interest $