Grecian Tile Manufacturing of Athens, Georgia, borrows $$1,500,000$ at six$-$month CME Term SOFR plus a Bank Credit premium of $0\mathrm{.}55$ percent and a lending margin of $1\mathrm{.}40$ percent per annum on a six$-$month rollover basis from a London bank. If six$-$month CME Term SOFR is $2\mathrm{.}560$ percent over the first six$-$month interval and $3\mathrm{.}435$ percent over the second six$-$month interval, how much will Grecian Tile pay in interest over the first year of its Eurodollar loan?