On December $31,2024,$ Sheridan Inc. borrowed $\backslash$$$3,420,000$ at $12\backslash \%$ payable annually to finance the construction of a new building. In $2025,$ the company made the following expenditures related to this building: March $1,\backslash$$$410,400$; June $1,\backslash$$$684,000$; July $1,\backslash (\backslash$$ $1,710,000\backslash )$; December $1,\backslash$$$1,710,000.$ The building was completed in February $2026.$ Additional information is provided as follows.

$1.$ Other debt outstanding:

$10-$year, $13\backslash \%$ bond, December $31,2018,$ interest payable annually

$\backslash$$$4,560,000$

$6-$year, $10\backslash \%$ note, dated December $31,2022,$ interest payable annually

$1,824,000$

$2.$ March $1,2025,$ expenditure included land costs of $\backslash (\backslash$$ $171,000\backslash ).$

$3.$ Interest revenue of $\backslash (\backslash$$ $55,860\backslash )$ earned in $2025.$

$($a$)$

Determine the amount of interest to be capitalized in $2025$ in relation to the construction of the building.

The amount of interest $\backslash$$