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Calculator On July 8, Jones Inc. issued an $88,300, 12%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends on

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Calculator On July 8, Jones Inc. issued an $88,300, 12%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends on Duly 31. Using the 360-day year, what is the amount of intere answer to the nearest whole dollar. st expense recognized by Jones in the current fiscal year? Round your $677 $1,472 O$1,766 $883

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