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Question 3 of 6 3.22/3.5 Snow Attempt History Current Attempt in Progress On September 30, 2021, Crane Corporation received a three-year, 4%, $1,000,000 bank loan.

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Question 3 of 6 3.22/3.5 Snow Attempt History Current Attempt in Progress On September 30, 2021, Crane Corporation received a three-year, 4%, $1,000,000 bank loan. The terms provide for payment of the bank loan with quarterly instalment payments of $88,849, starting on December 31. Crane has a November 30 year end and records adjusting entries annually

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