On January $1,2020,$ Crane Company purchased at face value, a $$1110,10\%$ bond that pays interest on January $1.$ Crane Company has a calendar year end. The entry for the receipt of interest on January $1,2021$ is

Cash

$45\mathrm{.}5$

Interest Revenue

$45\mathrm{.}5$

Cash

$111$

Interest Receivable

$111$

Cash

$122$

Interest Revenue

$122$

Cash

$111$

Interest Revenue

$111$