The trial balance before adjustment for Crane Company shows the following balances. Using the data above, give the journal entries required to record each of the following cases. (Each situation is independent.) 1. To obtain additional cash, Crane factors without recourse $21.500 of accounts receivable with 5 talls Finance. The finance charge is 12% of the amount factored 2. To obtain a 1-year loan of $64,600, Crane pledses $67,200 of specific recelvable accounts to Crosty Financial. The finance charge is 6% of the loan; the cashis received and the accounts turned over to Crosby Financiat. 3. The compamy wants to maintain Allowance for Doubtful Accounts at 5% of gross accounts receivable. 4. Based on an aging analysis, an allowance of $5.318 should be reported. Assume the allowance has a credit balance of $1,175. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries