Question: Jupiter, Inc. signed a one - year $ 1 2 , 0 0 0 note payable at 8 % interest on March 1 of the

Jupiter, Inc. signed a one $-$ year $ $12, 000$ note payable at $8 %$ interest on March $1$ of the current year. How much interest expense must be accrued on May $31$ of the current year? $($ Round any intermediate calculations to two decimal places, and the final answer to the nearest whole number. $)$

A $.$ $ $240$

B $.$ $ $960$

c $.$ $ $120$

D $.$ $ $360$

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