On January 1, 2020, Crane Company had Accounts Receivable $136,700 Notes Receivable $33,600, and Allowance for Doubtful Accounts $23,000. The note receivable is from Willingham Company. It is a 4-month, 996 note dated December 31, 2019. Crane Company prepares financial statements annually at December 31. During the year, the following selected transactions occurred. an. s Sold $28,400 of merchandise to Sheldon Company, terms n/15. 20 Accepted Sheldon Company's $28,400, 3-month, 8% note for balance due. eb. 18 Sold $16,600 of merchandise to Patwary Company and accepted Patary's $16,600, 6-month, 9% note for the amount due. 20Collected Sheldon Company note in full. 3Received payment in full from Willingham Company on the amount due. Accepted Potter Inc.'s $13,200, 3-month, 7% note in settlement of a past-due balance on account. May 2s 18Received payment in full from Patwary Company on note due. 2s The Potter Inc. note was dishonored. Potter Inc. is not bankrupt; future payment is anticipated. Sept 1 Sold $13,800 of merchandise to Stanbrough Company and accepted a $13,800, 6-month, 10% note for the amount due. Journalize the transactions. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)