10. Award:10.00 points Problems? Adkust credt for all students Requined information On September 1, Year 1 Western Company borrowed $36,000 cash. The one-year note carried a 5% rate of interest The amount of interest expense on the income statement and the amount of cash low from operating activities shown on Western's December 31, Year 1 inancial statements would be S600 interest expense and $1,800 cash outsow from operating activities. $1,200 interest expense and $1,800 cash outflow from operating activities. D $600 interest expense and zero cash outflow from operating acfivities $1,200 interest expense and zero cash outflow from operating activities. References Learning Objectiver 09-01 Show how notes pay able and related interest expense affect inanda statements Multiple Choice United States)