Harrison Corporation borrowed $40,000 from F&M Bank on June 1 of the current year . The bank required 6% interest. Interest will be paid when the nine month note becomes due. What is the interest expense for the subsequent year in which the note is due and paid? (Do not round intermediate calculations. Only round your final answer to the nearest dollar) $1,400 OB. $400 C. $1,800 OD. $1,200