Jimbo's Corporation purchased equipment costing $35,000.The company paid $10,000 cash and the remaining $25,000 was financed in a long-term note payable.How should the $25,000 be accounted for in cash flows?

Options:

1. A decrease in the investing section
2. Disclosed in the notes of the financial statements
3. An increase in the financing section
4. A decrease in the financing section