6.On January 1, 2016, Olvert Corp. signed a contract to hay Bob's Builders constnuct'g distribution center at a cost of $10,000,000 It was estimated that it would take two ycars to complete the project. Also on January 1, 2017, to finance the construction cost, Tolvip-borrowed $10,000,000 payable in five annual installments ofS4 00 000plus interest at the rate 6%, Dinng 2017, Tolin following construction-related expenditures: Date AmountN $2,200,000 $1700,000 700,000 $ 400,000 What amount should Tolvin report as capitalized interest at December 31, 2017? a. S621,000 b S300,000 c 207,000 d. $150,000 , 00, 000