National Food Services, Incorporated, borrowed $$7\mathrm{.}0$ million from its local bank on January $1,2024,$ and issued a four$-$year installment

note to be paid in four equal payments at the end of each year. The payments include interest at the rate of $6\%.$ Installment payments

are $$2,020,140$ annually.

Required:

What would be the amount$($s$)$ related to the note that National would report in its statement of cash flows for the year ended

December $31,2024?$

Note: List each cash flow separately. Cash outflows should be indicated with a minus sign. Enter your answers in whole dollars

and not in millions.