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please show work The table below provides selected financial data for the Vogon Construction...

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Finance

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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 45,681 Short-Term Debt 226,370 226,370 Long-Term Debt 608,712 733,044 Total Liabilities 1,708,157 1,853,358 The company pays an average interest rate of 5% on its borrowed funds. What is the interest expense in Yeart

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