On September 30,2024 , a company acquired a patent. The agreement specified that the company will pay $1,350,000 immediately and then another $1,350,000 on September 30, 2026. An interest rate of 11% 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