Cairo Co. uses the allowance method of accounting for uncollectible accounts. Cairo Co. accepted a $8,000, 12%, 90-day note dated June 16, from Alexandria Co. in exchange for its past-due account receivable.

In the space provided, answer the following quesiton. Be sure not to include any extra wording, $, commas, or decimal points.

What is the interest due at maturity for this note?