Pronghorn Ltd$.$ is constructing a building. Construction began on February $1$ and was completed on December $31.$ Expenditures were HK$$1,530,000$ on March $1,$ HK$$1,032,000$ on June $1,$ and HK$$2,418,000$ on December $31.$ Pronghorn Ltd$.$ had outstanding all year a $10\%,5-$year, HK$$5,120,000$ note payable and an $11\%,4-$year, HK$$4,480,000$ note payable. Determine the amount of borrowing cost that Pronghorn Ltd$.$ would capitalize. Use the capitalization rate used for borrowing cost capitalization purposes.