IFRS standards decides to include interest paid in the Financing Section of their Statement of Cash Flows. How will this Statement of Cash Flows differ from how it would appear if the company were abiding by USGAAP standards?

• There will be no difference in the statements.
• The company under IFRS will have lower cash flow in the financing section and higher cash flow in the operating section than the company under US GAAP.
• The company under IFRS will have lower cash flow in the financing section and lower cash flow in the operating section than the company under US GAAP.
• The company under IFRS will have higher cash flow in the financing section and lower cash flow in the operating section than the company under US GAAP.
• The company under IFRS will have higher cash flow in the financing section and higher cash flow in the operating section than the company under US GAAP.