During 2008, Aber Corporation Constructed Assets Costing $1,000,000

During 2008, Aber Corporation constructed assets costing $1,000,000. The weighted-average accumulated expenditures on these assets during 2008 was $600,000. To help pay for construction, $440,000 was borrowed at 10% on January 1, 2008, and funds not needed for construction were temporarily invested in short-term securities, yielding $9,000 in interest revenue. Other than the construction funds borrowed, the only other debt outstanding during the year was a $ 500,000, 10-year, 9% note payable dated January 1, 2002. What is the amount of interest that should be capitalized by Aber during 2008?

A) $60,000
B) $30,000
C) $58,400
D) $94,400