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[The following information applies to the questions displayed below] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased 537,500 of nerchandise on credit fron Locust, terms n/30. Hay 19 Replaced the April 20 account. payable to Locust with a 96 -day, 98 , 535,000 'hote poyable olon with paying $2,500 in cash. July 8 Borrowed $63,000 cash from NBR Bank by signing a 120-day, 118, 863,090 note payable. - Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed 324,000 cash from Fargo Bank by signing a 60-day, 3x,$24,000 note payable. Decenber-31 Recorded an adjusting entry for accrued interest on the note to Fargo blank. Yeor 2 - Paid the anount due on the note to Fargo Bank at the maturity date. 4. Determine the interest expense recorded in Year 2 . (Do not round intermediate calculotions and round your final answers to nearest whole dollar, Use 360 days o year.)