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On June 1, 2015, the Crocus Company began construction of a new manufacturing plant. The plant was completed on October 31, 2016. on the project were as follows ($70 in million) On July 1, 2015 Crocus obtained a $70 million construction loan with a 6% interest rate. the loan was the end of October 20%. The company only other interest debt was a long term for $100 million with an interest rate of 8%. This note was outstanding during all of 2015 and 2016. The company year-end is December 31. What is the amount of interest that Crocus should capitalize in 2016, using the specific interest method(rounded to the nearest thousand dollars?$7.248.000 (rounded) $7.283.000 (rounded) $8.740.000 (rounded) None of these answer choices are correct