3 pts On January 1, 2021, Kendall Inc. began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 $ 400,000 September 1, 2021 300,000 December 31, 2021 600,000 March 31, 2022 300,000 September 30, 2022 200,000 Kendall borrowed $750,000 on a construction loan at 12% interest on January 1, 2021. This loan was outstanding throughout the construction period. The company had $4,500,000 in 9% bonds payable outstanding in 2021 and 2022. Interest capitalized for 2021 under specific interest method was: O $60,000 $84,000 $63.000 O $54,000