On December $31,2024,$ Waterway Inc. borrowed $$1,260,000$ at $13\%$ payable annually to finance the construction of a new building. In $2025,$ the company made the following expenditures related to this building: June $1,$$$504,000$; July $1,$ $$756,000$; September $1.$ $$1,512,000$; December $1,$$$756,000.$ The building was completed in April $2026.$ Additional information is provided as follows:

Other debt outstanding

$10-$year, $11\%$ bond, dated December $31,2018,$ interest payable annually $$12,600,000$

$15-$year, $13\%$ note, dated December $31,2012,$ interest payable annually $$3,150,000$

Interest revenue earned in $2025$

$$7,560$

$($a$)$

Your answer is incorrect.

Determine the amount of interest to be capitalized in $2025$ in relation to the construction of the building. $($Round answer to $0$ decimal places, e$.$g$.5,125.)$

The amount of interest $