Assuming that the effects of interest capitalization are material, calculate the amount of interest costs to be capitalized by Marcus Corporation in 2010 in relation to the following events:
Definitions:
Economic Conditions
The state of the economy at a given time, including factors such as employment rates, inflation rates, and gross domestic product.
Speculative Motive
The intention to hold cash or assets in anticipation of making profits from expected changes in their prices or exchange rates in the future.
Inflation
The pace at which the overall cost of goods and services increases, causing the value of money to decrease.
Money Supply
The total volume of economic monetary assets, such as cash, coins, and the balances in checking and savings accounts, at a specific period.
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