Brooks Co owes money to Richie Co. The arrangement has been documented on a promissory note with the following details: Principal balance $19054 Annual interest rate 11% Loan length 12 months Assuming 4 months have passed since the origination of the loan without any previous related adjusting journal entries, how much interest should be recorded for this loan for this 4 month period? (Enter your answer rounded to the nearest hundredth.)