Font Paragraph 2 Styles OS Environmental provides cost-effective solutions for managing regulatory requirements and environmental needs specific to the airline Industry. Assume that on July 1 the company issues a one-year note for the amount of $5.1 million. Interest is payable et maturity Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of the following Independent assumptions (Enter your answers in dollars, not in millions (.e. 5 should be entered as 5,000,000).) 1. 2 Interest Rate 11% 9% 10% Interest Expense $ 280.500 Fiscal Year-End December 31 September 30 October 31 January 31 3. 4 ity: Investigate 19