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On January 1, 2012, Chan Enterprises borrowed $100,000 from a bank on a three-year mortgage with an interest rate of 5% per year. On December

On January 1, 2012, Chan Enterprises borrowed $100,000 from a bank on a three-year mortgage with an interest rate of 5% per year. On December 30, 2012, Chan paid the bank $36,721. Chan uses US GAAP to prepare its financial statements. Which of the following items would be decreased by the mortgage payment? (check all that apply)

Cash from Financing Activities

Cash from Operating Activities

Mortgage Payable

Net Income

Cash from Investing Activities

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