On September 30, 2024, a company acquired a patent. The agreement specified that the company will pay $1,000,000 immediately and then another $1,000,000 on September 30, 2026. An interest rate of 8% reflects the time value of money for this type of loan agreement. (PV of \$1, PVA of \$\$1) What amount of interest expense, if any, would the company record on December 31,2025 , the company's fiscal year end? Note: Round intermediate and final answer to nearest whole dollar amount. Mulitiple Choice $69,959 180.000 160,000 68.68)