Assume that Cheyenne completed the office and warehouse building on December 31, 2017, as planned at a total cost of $5,203,700, and the weighted-average amount of accumulated expenditures was $3,826,900. Compute the avoidable interest on this project. (Use interest rates rounded to 2 decimal places, e. g. 7.58% for computational purposes and round final answers to 0 decimal places, e. g. 5,275.)