On June 1, Sandhill Company Ltd. borrows from Scotiabank on a 6-month, $48,000,9% note. The note matures on December 1. Interest is due monthly starting July 1. Sandhill only prepares adjusting journal entries at its fiscal year end. Prepare the entry on June 1. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount Is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 List of Accounts Prepare the adjusting entry on June 30, Sandhill's fiscal year end. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to the nearest whole dollar, eg. 5,275.) Debit Credit Date Account Titles and Explanation June 30 Prepare the entry to record the payment of interest on July 1. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to the nearest whole dollar, eg. 5,275.) Date Account Titles and Explanation Debit Credit July 1 Prepare the entry at maturity, on December 1. Include the interest payment for the month in the entry. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to the nearest whole dollar, eg. 5,275.) Date Account Titles and Explanation Debit Credit Dec. 1 What was the total financing cost interest expense) for this loan? (Round answer to the nearest whole dollar, eg. 5,275.) Total interest expense $