On January 1,2013,Thames Company purchases property and signs a 6-year mortgage note for $60,000 at 4%.Please see the partial amortization schedule below. 
For the year 2013,what will be the total interest expense recorded by Thames Company for this mortgage?
Definitions:
Delirium Tremens
A severe form of alcohol withdrawal involving sudden and severe mental or nervous system changes, characterized by confusion, tremors, and hallucinations.
Alcohol Withdrawal
The symptoms and signs that occur after stopping or significantly reducing the intake of alcohol after prolonged periods of heavy drinking.
Convulsive Seizures
Seizures that involve violent muscle contractions and can be a symptom of epilepsy or other neurological conditions.
Delirium Tremens
A severe form of alcohol withdrawal involving sudden changes in mental or nervous system functioning, including confusion, agitation, and visual hallucinations.
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