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On October 1 , Year 1 , Coker Company issued a $ 4 , 2 0 0 face value discount note that carried a 6

On October 1, Year 1, Coker Company issued a $4,200 face value discount note that carried a 6% annual interest rate and a one-year term to maturity. Based on this information, the:
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Year 2 income statement will show $252 of interest expense.
Year 2 balance sheet will show total liabilities of $4,200.
Year 2 statement of cash flows will show a $3,948 cash outflow from financing activities.
Year 2 statement of cash flows will show a $189 cash outflow from operating activities.
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