XYZ Corp. has a calendar year end. On January 1, 2019, the company borrowed $5,000,000 U.S. dollars from an American Bank. The loan is to be repaid on December 31, 2022 and requires interest at 5% to be paid every December 31. The loan and applicable interest are both to be repaid in U.S. dollars. XYZ does not hedge to minimize its foreign exchange risk. The following exchange rates were in effect throughout the term of the loan:

January 1, 2019	US $1 = CDN $1.1500
December 31, 2019	US $1 = CDN $1.1490
December 31, 2020	US $1 = CDN $1.1485
December 31, 2021	US $1 = CDN $1.1483
December 31, 2022	US $1 = CDN $1.1487

The average rates in effect for 2019 and 2020 were as follows:

2019:	US $1 = CDN $1.1493
2020:	US $1 = CDN $1.1487

What is the amount of interest expense (in Canadian Dollars) recorded for 2019?