A company provides cost-effective solutions for managing regulatory requirements and the company needs specific to the airline Industry. Assume that on July 1 the company issues a one-year note for the amount of $5.1 million. Interest is payable at maturity Required: Determine the amount of interest expense that should be recorded in a year end adjusting entry under each of the following Independent assumptions: (Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) Interest Expense 1 2 3 Interest Rate 11% 96 10% 7% Fiscal Year End December 31 September 30 October 31 January 31 4