Swifty Hage has just approached a bank for financing for his new restaurant, Crane Sally. The bank is willing to loan Crane Sally Inc. $480,000 at a high-risk interest rate of 10%. The loan is payable over three years in quarterly payments of $46,794. Crane Sally received the loan on April 30, 2021. It made the first payment on July 31. The companys year end is October 31.

Show the statement of financial position presentation for all accounts relating to the bank loan assuming that the companys year end was on November 30, 2021, instead of October 31, 2021.