tempt in Progress Crane Co enters into a contact to sell Product A and Product Bon January 2,2020, for an upfront cash payment of $250,000. Product A will be delivered in two years (January 2, 2022) and Product B will be delivered in five years (January 2, 2025). Crane Co. allocates the $250,000 to Products A and B on a relative stand-alone selling price basis as follows. Stand-Alone Percent Allocated Selling Prices Allocated Amounts Product A $78.000 30% $75,000 Product B 182.000 %0 175.000 $260,000 $250,000 Crane Co uses an interest rate of 6%, which is its incremental borrowing rate pare the journal entries necessary on January 2, 2020, and December 31, 2020. (Credit accou the amount is entered. Do not indent manually if no entry is required, select "No Ent d journal entries oneanty.com is sharing your sees Shop sharing