Expenses and the statement of cash flows. Naida owns a candle shop. During her third month of business, she paid \(\$ 50\) to principal and \(\$ 5\) to interest on a loan from the bank. On the income statement for the month, what amount would appear as an expense? On the statement of cash flows, what amount would appear as the loan payment to principal? Would each of these activities be classified as operating, financing, or investing? (LO 4)