On September 30, 2024, a company acquired a patent. The agreement specified that the company will pay $1,030,000 immediately and then another $1,030,000 on September 30, 2026. An interest rate of 6% reflects the time value of money for this type of loan agreement. (PV of $1. PVA of SD) What amount of interest expense, if any, would the company record on December 31, 2026, the company's fiscal year end? Note: Round intermediate and final answer to nearest whole dollar amount. Mutiple Choice O O $46,350 $43777 $56,102 $61,800

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