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Jaup Nonprofit has a beginning balance in notes payable of $42,000 and an ending balance of $68,000. During the year, $4,000 of principal payments

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Jaup Nonprofit has a beginning balance in notes payable of $42,000 and an ending balance of $68,000. During the year, $4,000 of principal payments on notes payable were made. Identify any activity that should be reflected in the statement of cash flows using the indirect method. You must report which section(s) of the statement of cash flows would be affected, as well as the direction and amount for each transaction.

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