Required information Tho following information apphes to the questions diployed below] Tyrell Company entered into the following transactions involving shortierm libbilies. Yoar 1 Apri1 20 Purchased 536,500 of merohandise on eredit tron thoeuit, Lertan n/30. with paying $1,500 in easb. July o Borroned 569,000 cais from kik bank by aigning a 120-day, 10s, 569,000 , hote peyable. Peid the amount due on the note to Locust at the naturity date. Paid the amount due on the note to mBr Bank at the maturity date. November 28 Dorrowed 521,000 canh from Fargo Bank by aigning a 60 -day, 7\%, 521,000 nota payable. Deceinber 31 Recorderd an adjueting entry for acorued interest on the note to Pargo nask. Year 2 ? Paid the amount due on the note to Faxgo eank at the maturity date. etermine the interest expense recorded in Year 2. (Do not round intermediate calculations and round your final answers to rest whole dollar. Use 360 days a year.)