On January 1 2021, a company began construction of a new manufacturing facility. The facility was finished and ready for use on September 30 2022. Expenditures on the project were as follows: January 1, 2021 September 30, 2021 December 31, 2021 March 31, 2022 September 30, 2022 $200,000 $300,000 $300,000 $300,000 $200,000 The company borrowed $750,000 on a construction loan at 12% interest on January 1, 2021. This loan was outstanding throughout the construction period. The company had $4,500,000 in 9% bonds payable outstanding in 2021 and 2022. What amount of capitalized interest should the company record for 2021? $96,000 $33,000 $36,000