3 m. 769 points OS Environmental provides cost-effective solutions for managing regulatory requirements and environmental needs specific to the atrine industry Assume that on July 1 the company issues a one-year note for the amount of $50 million. Interest is payable at maturity Required: Determine the amount of Interest expense that should be recorded in a year-end adjusting entry under each of the following Independent assumptions (Enter your answers in dollars, not in millons (.e. 5 should be entered os 5,000,000).) eBook Interest Expense 1. 2 3 Hint Interest Rate 12% 10% DW 0% Fiscal Year End December 31 September 30 October 31 January 31 4 Print References y