24. Sandusky Company borrowed $12,000 from the Lakeside Bank by issuing a 10% three year installment note Sandusly agreed to repay the principal and interest by making annual payments in the amount of $4,825:38. Based on this information, the amount of the interest expense associated with the second payment would be round your answer to the nearest dolar) O $536 O $1.200 $1608 5837 MacBook Air % a WERTO