letter answer?

On November 1, Year 1 Claire Company borrowed $5,000 cash from Shelter Company. The one-year note carried a 5% rate of interest. Which of the following shows how the loan will affect Claire's financial statements on November 1, Year 1? Income Statement + A. B. Assets 5,000 5,000 (5,000) 5,000 Balance Sheet Stockholders' Liabilities Equity n/a 5,000 n/a 5,000 (5,000) n/a 5,000 n/a Revenue 5,000 5,000 n/a n/a Expense n/a n/a n/a n/a Net Income 5,000 5,000 n/a n/a C. D. rom Shelter Company. The one-year note carried a 5% rate of aire's financial statements on November 1, Year 1? Income Statement Revenue 5,000 5,000 n/a n/a Expense n/a n/a n/a n/a Net Income 5,000 5,000 n/a n/a Statement of Cash Flows 5,000 FA 5,000 IA (5,000) IA 5,000 FA