An important customer of Crane Limited has negotiated a settlement of an account by signing a zero interest note on June 1, 2020 due June 1, 2023 for $1,476,000. The market rate of interest is 5%. What is the amount Crane should use as the reduction of Accounts Receivable and increase in Notes Receivable on June 1, 2020? (a) Of the variables listed in the dropdown, choose the variable being calculated? Save for Later Attempts: 0 of 1 used Submit