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During the year, we made a payment of long-term notes payable of $45,000 and borrowed $20,000 on a long-term note payable. Which of the following

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During the year, we made a payment of long-term notes payable of $45,000 and borrowed $20,000 on a long-term note payable. Which of the following is correct for our statement of cash flows? Net cash used for financing activities is ($25,000). Net cash provided by investing activities is $25,000. Net cash provided by financing activities is $25,000. Net cash used for financing activities is ($45,000)

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