On July 8, Jones Inc. issued an $72,000, 7%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends July 31. Using a 360-day year, what is the amount of interest expense recognized by Jones in the current fiscal year? When required, round your answer to the nearest dollar. Oa. $966 Ob. 3644 Oc. 5322 Od. $5,040