On January $1,2025,$ Kingbird, Inc. signed a fixed$-$price contract to have Builder Associates construct a major plant facility at a cost of $\backslash (\backslash$$ $4,155,000\backslash ).$ It was estimated that it would take $3$ years to complete the project. Also on January $1,2025,$ to finance the construction cost, Kingbird borrowed $\backslash (\backslash$$ $4,155,000\backslash )$ payable in $10$ annual installments of $\backslash (\backslash$$ $415,500\backslash ),$ plus interest at the rate of $\backslash (10\backslash \%\backslash ).$ During $2025,$ Kingbird made deposits and progress payments totaling $\backslash (\backslash$$ $1,558,125\backslash )$ under the contract; the weighted$-$average amount of accumulated expenditures was $\backslash (\backslash$$ $831,000\backslash )$ for the year. The excess borrowed funds were invested in short$-$term securities$,$ from which Kingbird realized investment income of $\backslash$$$260,900.$

What amount should Kingbird report as capitalized interest at December $31,2025?$