Hi, I'm having a lot of difficulty solving the last part of this problem, and I would appreciate some help. I have already solved 1, 2-a, 2-b, and 3-a, and they are as follows: 1)$2,264,248 2-a)$833,748 2-b)$966,252 3-a)$108,088. However, I cannot find the interest expense for 3-b.

On January 1, Ellsworth Company completed the following transactions (use an 8% annual interest rate for all transactions): (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) Note: Use appropriate factor(s) from the tables provided. a. Borrowed $2,400,000 to be repaid in five years. Agreed to pay a fixed amount of $158,000 at the end of each year for five years and a one-time payment of $2,400,000 at the end of the 5 th year. b. Established a plant remodeling fund of $1,800,000 to be available at the end of Year 10. A single sum that will grow to $1,800,000 will be deposited on January 1 of this year. c. Purchased a $766,000 machine on January 1 of this year and paid cash, $408,000. A four-year note is signed for the balance. The note will be paid in four equal year-end payments starting on December 31 of this year. Required: 1. In transaction (a), determine the present value of the debt. 2-a. In transaction (b), what single amount must the company deposit on January 1 of this year? 2-b. In transaction (b), what is the total amount of interest revenue that will be earned? 3-a. In transaction (c), what is the amount of each of the equal annual payments that will be paid on the note? 3-b. In transaction (c), what is the total amount of interest expense that will be incurred? Complete this question by entering your answers in the tabs below. In transaction (c), what is the total amount of interest expense that will be incurred? Note: Round your intermediate calculations and final answer to nearest whole dollar