The following selected transactions were taken from the books of aliceville company for 2014: 1. on march 1, 2014, borrowed $60,000 cash from the local bank. the note had a 6 percent interest rate and was due on september 1, 2014. 2. cash sales for the year amounted to $240,000 plus sales tax at the rate of 7 percent. 3. aliceville provides a 90-day warranty on the merchandise sold. the warranty expense is estimated to be 2 percent of sales. 4. paid the sales tax to the state sales tax agency on $200,000 of the sales. 5. paid the note due on september 1 and the related interest. 6. on october 1, 2014, borrowed $50,000 cash from the local bank. the note had a 7 percent interest rate and a one-year term to maturity. 7. paid $3,800 in warranty repairs. 8. a customer has filed a lawsuit against aliceville for $150,000 for breach of contract. the company attorney does not believe the suit has merit. what amount of cash did aliceville pay for interest during the year?