On June 1, 2020, the Crocus Company began construction of a new manufacturing plant. The plant was completed on October 31, 2021. Expenditures on the project were as follows ($ in millions):

July 1, 2020	90
October 1, 2020	58
February 1, 2021	66
April 1, 2021	39
September 1, 2021	38
October 1, 2021	24

On July 1, 2020, Crocus obtained a $106 million construction loan with a 9% interest rate. The loan was outstanding through the end of October, 2021. The company's only other interest-bearing debt was a long-term note for $100 million with an interest rate of 11%. This note was outstanding during all of 2020 and 2021. The company's fiscal year-end is December 31. What is the amount of interest that Crocus should capitalize in 2021, using the specific interest method?