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N tion 16 6.25 pts Goins Company began the year with a notes payable balance of $29,000. During the year, Goins borrowed an additional
N tion 16 6.25 pts Goins Company began the year with a notes payable balance of $29,000. During the year, Goins borrowed an additional $10,000 and repaid $3,000 of the original amount. It also paid interest of $2,000. Which of the following is reported as inflows and outflows from financing activities relating to notes payable? O Inflows: $12,000: Outflows: $5,000 O Inflows: $10,000: Outflows: $2,000 O Inflows: $10,000; Outflows: $5,000. O Inflows: $10,000: Outflows: $3,000 O Inflows: $12,000; Outflows: $3,000
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