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Multiple Choice Question 244 Crane Company borrowed $2800000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The 5-year note

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Multiple Choice Question 244 Crane Company borrowed $2800000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The 5-year note required annual payments of $729222 and carried an annual interest rate of 9.5%. What is the balance in the notes payable account at December 31, 2020, after the annual payment? $2268000 O $2800000 $2336778 $1829550 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER SAMSUNG

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