During 2020, Vaughn Manufacturing incurred weighted-average accumulated expenditures of $1730000 during construction of assets that qualified for capitalization of interest. The only debt outstanding during 2020 was a $2000000, 12%, 5-year note payable dated January 1, 2020.

What is the amount of interest that should be capitalized by Vaughn during 2020? Question 10 options: a) $240,000 b) $207,600 c) $0 d) $32,400