GH 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 $5.8 million. Interest is payable at maturity Required: Determine the amount of interest expense that should be reported in the year-end income statement under each of the following independent assumptions: (Enter your answers in dollars, not millions (i.e. 5.5 million should be entered as 5,500,000).) Interest Rate 1. 234 Fiscal Year-End Interest Expense 10% December 31 11% September 30 12% October 31 6% January 31