Required information [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased $38,000 of merchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 7%, $35, 000 note payable along with paying $3,000 in cash. July B Borrowed $66,000 cash from NBR Bank by signing a 120-day, 12\%, \$66, 000 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. Novenber 28 Borrowed $24,000 cash from Fargo Bank by signing a 60-day, 9\%, $24,000 note payable. Decenber 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 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