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Molteni Motors Inc. recently reported $3.25 million of net income. Its EBIT was $7.25 million, and its tax rate was 35%. What was its interest

Molteni Motors Inc. recently reported $3.25 million of net income. Its EBIT was $7.25 million, and its tax rate was 35%. What was its interest expense? Round your answer to the nearest dollar. Enter your answer in dollars.

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