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On April 1 , 2 0 2 3 , Teleworks Company lent $ 1 0 0 , 0 0 0 to IT Industries. IT Industries

On April 1,2023, Teleworks Company lent $100,000 to IT Industries. IT Industries pays back in full the note plus 10% interest on April 1,2024. Determine the financing cash flows to be reported by IT Industries in 2024.(Cash outflows should be indicated with a minus sign.) Brief Exercise 11-12(Static) Determine financing cash flows from borrowing (LO11-5) On April 1,2023, Teleworks Company lent \\(\\$ 100,000\\) to IT Industries. IT Industries pays back in full the note plus \\(10\\%\\) interest on April 1,2024. Determine the financing cash flows to be reported by IT Industries in 2024.(Cash outflows should be indicated with a minus sign.)

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