The table below provides selected financial data for the Vogon Construction Co. in Years t and t-1. Selected Financial Information Vogon Construction Co. Year t-1 Yeart Interest Expense 32.4 Short-Term Debt 61.0 67.1 Long-Term Debt 140.0 35.3 Total Liabilities 461.0 388.4 The company pays an average interest rate of 6% on its borrowed funds. What is the interest expense in Year t? Round your answer to one decimal place. $ 108.5