On July $1,2024,$ Li$-$Ma Industries issued nine$-$month notes in the amount of $\backslash (\backslash$$ $800\backslash )$ 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: Note: Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10.)$Principal $($million$)$Interest Rate