iTunes memory question

Hi all,

I'm kind of new to using Macs and was just wondering if anyone can answer this question for me. When I used iTunes on windows it would display (at the bottom of the iTunes window) how much of your harddrive space the current playlist/selected songs will use, for example 2.5GB 16 hours playtime. Is there a way to turn this setting on?

Thank you very much for the info, got it after finding the show status bar in view menu. I feel dumb!