Cullumber Inc. has the following general-purpose debt for the year ended December 31, 2023: 8%, 2-year note, issued January 1, 2023 for $365000 7.50% 5-year note, issued March 31, 2023 for $787000 9%, 20-year bond, issued October 1, 2023 for $1950000 Calculate the borrowing cost for 2023.

A) $90363.

B) $114705.

C) $117344.

D) $202930.