On August 1, 2026, Bullock Company borrowed $27,000 from a bank on an 8%, 7-month note payable. Bullock Company borrowed $60,000 from a bank on February 1, 2027 on a 5%, 11-month note payable. On June 1, 2027, Bullock Company borrowed $36,000 from a bank on a 14%, 9-month note payable. Calculate the total amount of interest expense related to these three loans that Bullock Company would report in its 2027 income statement