題組內容
二、(15%) In 2021, NTPU Company started to constructed its building in Sanxia. The construction was begun on April 1, 2021 and was completed on December 31, 2023. NTPU made the following payments during 2021-2023: 
In order to help finance the construction, NTPU issued the following bonds payable: $5,000,000 of 2-year, 6% bonds payable, issued at par on July 1, 2021 and due July 1, 2023, with interest payable annually on July 1.
In addition to the 6% bonds payable, NTPU also had the following debt outstanding during 2022-2024:
1. $7,000,000, 9% note payable dated January 1, 2016 and due January 1, 2026, with interest payable annually on January 1.
2. $3,500,000, 12% note payable dated January 1, 2019 and due January 1, 2023, with interest payable annually on January 1.
Instructions
Please compute the amounts of each of the following:
1. Total amount of interest cost to be capitalized during 2021.