Saved Help On July 1, 2020, the Severus Snape Company began construction of a new potions dungeon. The dungeon was completed on October 31, 2021. Expenditures on the project were as follows ($ in millions): July 1, 2020 October 1, 2020 February 1, 2021 April 1, 2021 September 1, 2021 October 1, 2021 90 52 60 36 35 21 On July 1, 2020, Severus Snape obtained a $100 million construction loan with a 6% 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 8%. This note was outstanding during all of 2020 and 2021. The company's fiscal year-end is December 31 Using the specific interest method, how much interest should Severus Snape capitalize in 2020? Interest capitalized in 2020 million