On the Crane Inc. is looking at moving to ASPE for its accounting standards framework from IFRS as it is no longer publicly traded and is more comparable to companies who are using ASPE. Currently it is using the effective interest rate method to amortize the discount/premium on its zero-interest note receivable portfolio. The Controller would like to lessen the amount of work where possible and would like to understand the impact to interest income if the company switches to straight line as allowed under ASPE. As the company Revenue Analyst, you have been asked to review a 5-year zero-interest note with a face value of $640000, and a present value of $501457. The effective interest rate method interest income for the year is $25073. What would be the difference in interest income if the straight-line interest rate method is adopted? $27709 higher $2636 higher $2636 lower $27709 lower