Kies Company borrowed $760,000 for three months. The annual interest rate on the loan was 12%. K esos fiscal year ends on December 31 K eso borrowed the S760,000 one month prior to the end of its last fiscal year and paid the $760,000 plus interest back two months into its current fiscal year. How much interest expense, if any, would Kieso report at the end of its last fiscal year and at the end of its current fiscal year? Interest Expense Last year Current year