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Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in 2021. The notes included: Note A: Dated 5/31/2021, principal of $136,000 and interest due 3/31/2022. Note B: Dated 7/1/2021, principal of $225,000 and interest at 9% annually, due on 4/1/2022. Frankenstein had accrued a total of $16,400 interest receivable from these notes in its 12/31/2021 balance sheet. The annual interest rate on Note A Is closest to: Multiple Choice Scanned with CamScanner ring Enabled: Test 2 0 Saved Help Save Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollecti accounts of $480,000 and $1,640 respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $319,000 and $300,000, respectively, and $1,740 in accounts receivable were written off. Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is: Scanned with CamScanner toning Enabled: Test 2 0 Saved Help Save & Exit Submit 3 Indiana Co. began a construction project in 2021 with a contract price of $164 million to be received when the project is completed in 2023. During 2021, indiana incurred $32 million of costs and estimates an additional $82 million of costs to complete the project. Indiana recognizes revenue over time and or this project recognizes revenue over time according to the percentage of the project that has been completed. Suppose that, in 2022, Indiana incurred additional costs of $67 million and estimated an additional $51 million in costs to complete the project. Indiana Do not round your percentage calculated): Scanned with CamScanner