Coronado Company is constructing a building. Construction began on February 1 and was completed on December 31 . Expenditure were $1,620,000 on March 1,$1,080,000 on June 1 , and $2,700,000 on December 31 . Coronado Company borrowed $900,000 on March 1 on a 5-year, 10\% note to help finance construction of the building. In addition, company had outstanding all year a 12\%, 5-year, $1,800,000 note payable and an 11%,4-year, $3,150,000 note payable. Compute avoidable interest for Coronado Company. Use the weighted-average interest rate for interest capitalization purposes. (Round "Weighted-average interest rate" to 4 decimal places, e.g. 0.2152 and final answer to 0 decimal places, e. 8.5,275.) Avoidable interest $