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Multiple Choice Question 96 ed annuall payments of $210600 and Crane Company borrowed $780000 from Liber Bank on January 1, 2016 in order to expand

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Multiple Choice Question 96 ed annuall payments of $210600 and Crane Company borrowed $780000 from Liber Bank on January 1, 2016 in order to expand its minin amed an annual rter est rate of 8.5%. what is the amourt of expense Crane must recogniz g capablities. The five-year note requir e on its 2017 income statement? O $54035 $42049 O$66300 O $48418

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