a The WEP Company made the following expenditures relative to a qualifying asset on which interest is to be capitalized: $80,000 on April 1, $90,000 on May 1, and $100,000 on December 31. The project was started on January 1, and finished on December 31. The project was financed by a loan of $100,000 specific to the project at 5%. The WEP Company also has another outstanding loan of $200,000 at 6% during the construction of the project. What is the amount of interest that can be capitalized? $17,000 $5,000 $6,000 $6,200