1. On January 1, 2020, Rickshaw Inc. issued a 5% note payable to First Bank for $80,000 with 10 equal annual payments (principal plus interest) with the first payment due December 31, 2020. Indicate what is shown in the financing activities section of the statement of cash flows for 2020.

   	a.	Cash inflow of $80,000 and cash outflow of 6,360
   	b.	Net cash outflow of $80,000
   	c.	Cash inflow of $80,000 and cash outflow of 10,360
   	d.	Net cash inflow of $73,640