Assume that on July 1, 2021, Togo's Sandwiches issues a $2.00 million, one-year note. Interest is payable at maturity. 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. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Interest Rate Fiscal Year- End Interest Expense 1. 7 % December 31. 2. 9% September 30 3 6 % October 31 4. 7% January 31