On June 30, 2021, Chu Industries Issued 9-month notes In the amount of $630,000. Assume that Interest is payable at maturity in the following three Independent cases: Required: Determine the amount of Interest expense that should be accrued in a year-end adjusting entry under each assumption: (Round your final answers to the nearest whole dollar amount.) Interest Rate Fiscal Year-End Interest Expense 1. 8% December 31 2. 5% August 31 3. 11% October 31