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need help. Current Attempt in Progress Crane Company borrowed $1610000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The
need help. Current Attempt in Progress Crane Company borrowed $1610000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The 5-year note required annual payments of $419303 and carried an annual interest rate of 9.5%. What is the amount of expense Crane must recognize on its 2020 income statement? O $101485 O $152950 O $127646 O $113926
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