During 2020, Sheffield Corp.constructed assets costing $3910000. The weighted average accumulated expenditures on these assets during 2020 was $2370000. To help pay for construction, $1760000 was borrowed at 10% on January 1, 2020, and funds not needed for construction were temporarily invested in short-term securities, yielding $34000 in interest revenue. Other than the construction funds borrowed, the only other debt outstanding during the year was a $1970000, 10 year, 9% note payable dated January 1, 2014. What is the amount of interest that should be capitalized by Sheffield during 2020? $230900 $118500 $237000 $351900