Company had weighted average accumulated expenditures of $2,900,000 on a construction project during the year. The company borrowed $1,500,000 on January 1 on a 2-year, 11% note to help finance construction of the building. In addition, the company had outstanding all year a 8%, 5-year, $2,000,000 note payable and an 10%, 4-year, $3,500,000 note payable. Compute the amount of interest to capitalize O $165.000 $291,000 $204,780 5675,000