On January 1, 2024, the Merit Group issued to its bank a $30 million, five-year installment note to be paid in five equal payments at the end of each year. Installment payments of $7.122 million annually include interest at the rate of 6.0%.

Required:

What would be the amount(s) related to the note that Merit 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 millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50).