OS Environmental provides cost-effective solutions for managing regulatory requirementss and environmental needs specific to the airl ine industry. Assume that on July 1 the company issues a one-year note for the amount f $5.3 million. Interest is payable at maturity Required: Determine the amount f interest expense that should be recorded in a year-end adjusting entry under each of the following independent assumptions: (Enter your answers dollars, not in millions (i.e. should be entered as 5,000,000).) Interest Rate Fiscal Year-End Interest Expense 12% December 31 1 2 10% September 30 9% 3 October 31 January 31 4 6%