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Tyrell Company entered into the following transactions involving short$-$term liabilities.

Year $1$

April $20$ Purchased $$39,500$ of merchandise on credit from Locust, terms $\frac{n}{30}.$

May $19$ Replaced the April $20$ account payable to Locust with a $98-$day, $8\%,$$$35,000$ note payable along with paying $$4,500$ in cash.

July $8$ Borrowed $$60,00$ cash from NBR Bank by signing a $12-$day, $10\%,$$$60,00$ note payable.

Paid the amount due on the note to locust at the maturity date.

$-?$ Paid the amount due on the note to NBR Bank at the maturity date.

November $\frac{?}{\text{b}\text{a}\text{r}}(28)$ Borrowed $$30,0$ cash from Fargo Bank by signing a $60-$day, $8\%,$$$3,$ note payable.

December $31$ Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

Year $2$

$q,$ Paid the amount due on the note to Fargo Bank at the maturity date.

$4.$ Determine the interest expense recorded in Year $2.$

Note: Do not round intermediate calculations and round your final answers to nearest whole dollar. Use $360$ days a year.

$\backslash$table$[[$Year End Accrual Required For:,Fargo Bank$],[$Principal$,x,$Rate,$x,$Time,$=,$Interest$],[$Interest to be recorded in Year $2,,,\%,x,,=,]]$