Schubert Manufacturing Borrows from the Bank at 8% with a .30

Multiple Choice

Schubert Manufacturing borrows from the bank at 8% with a .30% commitment fee on any unused funds. The company borrowed $4 million last month with another $6 million available on their revolving line of credit.   Fifteen days into the new month the company borrowed another $2 million.   What is the firm's interest expense for the month? Assume a 30 day month. ​

A) $35,500​
B) $33,500​
C) $35,000​
D) $34,000​