9. Fulsom Co. began construction of a new factory at the beginning of 2016. At the end of the year, construction was completed, and construction costs totaled $200,000. Fulsom borrowed $180,000 at the beginning of 2016 to finance the construction and repaid the loan at the end of 2016. The interest rate on the loan was 9%. Determine the following amounts.

A.	The actual interest incurred on the construction loan during 2016.
B.	The interest to be capitalized for 2016.
C.	The total cost of the factory reported on the balance sheet.
D.	What impact does capitalizing interest have on net income for 2016? Explain.