Other bookmar Question 5 View Policies Current Attempt in Progress Crane Co. has the following notes receivable outstanding at December 31, 2021: Issue Date Term Principal Interest Rate 1. August 31, 2021 5 months $13,200 5% 12 months 2. February 1, 2021 3. October 31, 2021 28,800 5% 6 months 9,600 6% Interest on each of the above notes is payable at maturity. Calculate the interest revenue that Crane Co. will report on its income statement for the year ended December 31, 2021. Indicate where this will be presented on a multiple-step income statement. (Round answer to decimal places, e.g. 5,275.) Total interest revenue $ Interest Revenue is reported under on the income statement. Calculate the interest revenue that Crane Co. will report on its income statement for the year ended December 31, 2021. Indicate where this will be presented on a multiple-step income statement. (Round answer to decimal places, s. 5.275) Total interest revenue $ Interest Revenue is reported under on the income statement. e Textbook and Media Calculate the amounts related to these notes that will be reported on Crane Co's balance sheet at December 31, 2021. Indicate where they will be presented. (Round answers to O decimal places, eg: 5.25.) Account Presented in Balance sheet under Amount Texthook and Media