Where are plant assets found on the financial statements? O Income Statement, Repairs and Maintenance Expense Balance Sheet, Long-Term Asset O Income Statement, Equipment Expense O Balance Sheet, Current Asset Anderson, Corp. made a loan to Craft, Inc. on August 1, 2020. Details of the loan are below: 12,000 Principal Interest Rate 8% Term 1 year Anderson's accounting year ends on 12/31/20. What is the amount of interest revenue Anderson will accrue as a result of this note? 320 960 480 0 400 On January 1, 2020, Anderson purchased computer equipment. The following are details from the purchase: Cost $16,000 Residual Value $2,000 Useful Life 5 years Anderson uses the double-declining depreciation method. What will be the balance i accumulated depreciation at the end of 2021? O 6.400 10.240 3,840 O 5,600