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During 2015, Grant Industries. Inc. was in the process of constructing a new manufacturing facility. The only expenditure was on January 1, 2015 for $4, 500,000. The company had the following debt outstanding during the entire construction project: (a) 8 percent, five-year note to finance construction of the manufacturing facility, dated January 1, 2015, $3, 600,000. (construction-specific loan) (b) 12 percent, 20-year bonds issued at par on January 1, 2010, $8,000,000. (c) 8 percent, six-year note payable, dated March 1, 2013. $2,000,000. Determine the amount of interest to be capitalized by Grant Industries for 2015