During 2017, Sheffield Corp. incurred weighted-average accumulated expenditures of $1740000 during construction of assets that qualified for capitalization of interest. The only debt outstanding during 2017 was a $2090000, 11%, 5-year note payable dated January 1, 2017. What is the amount of interest that should be capitalized by Sheffield during 2017?

a)$0.

b)$38500.

c)$229900.

d)$191400.