During the past few years, ABC Company has taken out the following loans from the bank:

On August $1,2027,$ ABC Company borrowe d $$12,000$

on a $6\%,10-$month note payable.

On February $1,2028,$ ABC Company borro wed $$30,000$

on a $12\%,9-$month note payable.

On June $1,2028,$ ABC Company borrowed $$24,000$ on

a $10\%,8-$month note payable.

Calculate the total amount of interest exp ense related

to these loans that ABC Company would repo rt in its

$2028$ income statement.