On January 1, 2021, Co.A began construction of an automated machine system. The system was finished and ready for use on September 30, 2022. Expenditures on the project were as follows:

January 1, 2021	$	245,000
September 1, 2021	$	354,000
December 31, 2021	$	354,000
March 31, 2022	$	354,000
September 30, 2022	$	245,000

Co.A borrowed $768,000 on a construction loan at 9% interest on January 1, 2021. This loan was outstanding throughout the construction period. The company had $4,590,000 in 9% bonds payable outstanding in 2021 and 2022.

Avoidable interest for 2021 was:

		$38,670.
		$44,670.
		$32,670.
		$56,670.

only this provided