On August 1, Year 1 Western Company loaned $40,000 cash to Eastern Company. The one-year note carried a 6% rate of interest. The amount of interest revenue on the income statement and the amount of cash flow from operating activities shown on Western's December 31, Year 1 financial statements would be Multiple Choice $1,000 Interest revenue and $2,400 cash flow from operating activities. $1,400 Interest revenue and $2,400 cash flow from operating activities. O $1,000 Interest revenue and zero cash flow from operating activities. a O $1,400 Interest revenue and zero cash flow from operating activities