Determining Cash Flows from Financing Activities Solomon Construction Company reported the following amount on its balance sheet for notes payable: Jan. 1 Dec. 31 Notes payable $115,000 $170,000 Required: 1. If Solomon did not repay any notes payable during the year, determine how much cash Solomon received from the issuance of notes payable. $fill in the blank 1 2. If Solomon repaid $63,000 of notes payable during the year, determine what amounts Solomon would report in the financing activities section of the statement of cash flows. Payment of notes payable $fill in the blank 2 Issuance of notes payable $fill in the blank 3