What is wrong in the red boxes in the financial position?

On July 1, 2020, Crane Ltd. borrowed $10,000 by signing a two-year, 4% note payable. The note is payable in two annual instalments of $5,302 on June 30. The company records adjusting journal entries annually at year end on December 31. (a) Your answer is correct. Prepare an instalment payment schedule for the term of the note. (Round answers to the nearest whole dollar, e.g. 5,255.) Annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal B July 1, 2020 $ June 30, 2021 $ 5302 $ 400 $ 4902 June 30, 2022 5302 204 5098 Record (1) the receipt of the $10,000 cash and the issue of the note on July 1, 2020; (2) the accrual of interest on December 31, 2020; (3) the first payment on June 30, 2021; and (4) the accrual of interest on December 31, 2021. (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit 2020 July 1 Cash 10000 Notes Payable 10000 Dec. 31 Interest Expense 200 Interest Payable 200 2021 June 30 Notes Payable 4902 Interest Payable 200 Interest Expense 200 Cash 5302 Dec. 31 Interest Expense 102 Interest Payable 102 Your answer is partially correct. What amounts would Crane report as current and non-current in the liabilities section of its statement of financial position on December 31, 2020? (Round answers to the nearest whole dollar, e.g. 5,255.) CraneLtd. Statement of Financial Position (Partial) December 31, 2020 Current Liabilities Interest Payable $ 102 Current Portion of Notes Payable 5098 Total Non-Current Liabilities Notes Payable 5200 e Textbook and Media List of Accounts Save for Later Last saved 8 minutes ago. Attempts: 2 of 3 used Submit Answer Saved work will be auto-submitted on the due date