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National Food Services, Incorporated, borrowed $ 7 . 0 million from its local bank on January 1 , 2 0 2 4 , and issued
National Food Services, Incorporated, borrowed $ million from its local bank on January and issued a fouryear installment note to be paid in four equal payments at the end of each year. The payments include interest at the rate of Installment payments are $ annually.
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What would be the amounts related to the note that National would report in its statement of cash flows for the year ended December
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