During 2020, Vaughn Manufacturing constructed assets costing $4060000. The weighted average accumulated expenditures on these assets during 2020 was $2460000. To help pay for construction, $1750000 was borrowed at 10% on January 1, 2020, and funds not needed for construction were temporarily invested in short-term securities, yielding $38000 in interest revenue. Other than the construction funds borrowed, the only other debt outstanding during the year was a $2000000, 10-year, 9% note payable dated January 1, 2014. What is the amount of interest that should be capitalized by Vaughn during 2020? $123000. $238900. $365400. $246000