please correct the one issue in the problem. the interest is not 9% or 12%

Brief Exercise 10-14 (Algo) Interest capitalization (LO10-7] A company constructs a building for its own use. Construction began on January 1 and ended on December 30. The expenditures for construction were as follows: January 1, $610,000; March 31, $710,000; June 30, $510,000; October 30, $930,000. To help finance construction, the company arranged a 10% construction loan on January 1 for $920,000. The company's other borrowings, outstanding for the whole year, consisted of a $2 million loan and a $4 million note with interest rates of 12% and 9%, respectively. Assuming the company uses the specific interest method, calculate the amount of interest capitalized for the year. (Do not round Intermediate calculations. Round your percentage answers to 2 decimal places (.e. 0.1234 should be entered as 12.34%).) Answer is complete but not entirely correct. Data Expenditure Weight Average January 1 $ - March 31 June 30 October 30 610,000 710,000 510,000 930,000 2.760,000 12/12 9/12 6/12 2/12 610,000 532,500 255,000 155,000 $ 1,552,500 - Accumulated expenditures $ Average Interest Rate Capitalized Interest $ Average accumulated expenditures Construction loan Other loans (not construction) 1,552,500 920,000 632,500 % 9.00 10.00 82,800 63.250 148,050 $