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Madison Company issued an interest-bearing note payable with a face value of $26,400 and a stated interest rate of 8% to Metropolitan Bank on August

Madison Company issued an interest-bearing note payable with a face value of $26,400 and a stated interest rate of 8% to Metropolitan Bank on August 1, Year 1. The note carried a one-year term. Based on this information alone, what is the amount of cash flow from operating activities reported on Madisons Year 1 statement of cash flows? Multiple Choice $2,112 $880 $26,400 $0

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