The following are notes receivable transactions for Crane Co. May 1 Received a $11,000, six-month, 6% note from Jioux Company in settlement of an account receivable, Interest is de at maturity June 30 July 31 Accrued interest on the Houx note, at Crane's year end. Adjustments are recorded annually Lent $3,600 cash to an employee, Noreen Irvine, receiving a two month, Snote. Interest is due at the end of each month Received the interest due from Mu. Irvine Aug. 31 Sept. 30 Received payment in full from Ms. Irvine, Nov. 1 Jioux Company defaulted on its note: Crane does not expect to collect on the