On january 1, 2024, a company began construction of a new warehouse. The building was finished and ready for use on september 30, 2025. Expenditures on the project were as follows: january 1, 2024 $ 323,000 september 1, 2024 $ 483,000 december 31, 2024 $ 483,000 march 31, 2025 $ 483,000 september 30, 2025 $ 323,000 the company had $6,100,000 in 15% bonds outstanding through both years. Capitalized interest in 2024 was: