On December $31,2021,$ Grouper Group borrowed HK $$3,780,000$ at $12\%$ payable annually to finance the construction of a new

building. In $2022,$ the company made the following expenditures related to this building: March $1,$ HK$$453,600$; June $1,$ HK$$756,000$;

July $1,$ HK$$1,890,000$; December $1,$ HK$$1,512,000.$ Additional information is provided as follows.

Other debt outstanding

$10-$year, $13\%$ bond, December $31,2015,$ interest payable annually HK$$5,040,000$

$6-$year, $12\%$ note, dated December $31,2019,$ interest payable annually HK$$2,016,000$

March $1,2022,$ expenditure included land costs of $HK$$$189,000$

Interest revenue earned in $2022$ on funds related to specific borrowing HK$$61,740$

$($a$).$

Your answer is incorrect.

Determine the amount of borrowing cost to be capitalized in $2022$ in relation to the construction of the building. $($Round answer to

$0$ decimal places, e$.$g$.5,275.)$

The amount of borrowing cost $,HK$$