Please Show working math so I may learn.

On December 31,2024 , Wildhorse Inc. borrowed $4,080,000 at 12% payable annually to finance the construction of a new building. In 2025 , the company made the following expenditures related to this building: March 1, $489,600; June 1, $816,000; July 1, $2,040,000; December 1 , $2,040,000. The building was completed in February 2026. Additional information is provided as follows. 1. Other debt outstanding: 10-year, 13% bond, December 31,2018 , interest payable annually 6-year, 10\% note, dated December 31,2022 , interest payable annually $5,440,000 2,176,000 2. March 1, 2025, expenditure included land costs of $204,000. 3. Interest revenue of $66,640 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 $