If $2,500,000 of new notes payable are issued for cash during the year and $4,000,000 of notes payable are paid during the year, how should this be reported in the statement of cash flows? Net cash outflow of $1,500,000 in the financing activities section. Cash inflow of $2,500,000 and a cash outflow of $4,000,000 in the investing activities section. or Cash inflow of $2,500,000 and a cash outflow of $4,000,000 in the financing activities section. Net cash outflow of $1,500,000 in the investing activities