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SMR Corp. began construction of a new piece of equipment on January 1, 2023. Weighted average expenditures for the project were $36,092,000. SMR Corp.'s only

SMR Corp. began construction of a new piece of equipment on January 1, 2023. Weighted average expenditures for the project were $36,092,000. SMR Corp.'s only outstanding debt was a note payable of $216,552,000 with a 5% interest rate that was outstanding all year. How much interest can SMR Corp. capitalize on the project? (A 24) Group of answer choices $0

$1,804,600

$10,827,600

$37,896,600

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