Close Wind Question 1 of 6 Moving to another question will save this response. stion 1 3 points Save An Smithsonian Industries purchased a supply of electronic components from Sunshine Corporation on October 31, 2021. In payment for the $880,000 million purchase, Smithsonian issued a 1-year installment note to be paid in equal monthly payments of $78,187 at the end of each month. The payments include interest at the rate of 12%. What is the amount of interest expense that Smithsonian will report in its income statement for the year ended December 31, 2021? (Do not add dollar sign; do not add comma by yourself to your amount; round the answer to the whole number) A Moving to another question will save this response. Question 1 of 6 > >> 2 % 5 3 & 7 * 8 6 9 E R T