Please answer #25, #26, and #27!!

O O O Q25 Which of the following would not be a cash flow from financing activities? Borrowing on a long-term note payable Repayment of principal on bonds payable Payment of interest on bonds payable O Payment of a cash dividend PROBLEMS, 10 POINTS EACH, TOTAL 50 POINTS Q26 Tesla Corporation borrowed $60,000 from the bank on November 1, Year 1. The note had a 6 percent annual rate of interest and matured on April 30, Year 2. Interest and principle were paid cash on the maturity date. Required: a) What amount of cash did Union pay for interest in year 1? b) What amount of interest expense was reported on the Year 1 income statement? c) What amount of total liabilities was reported on the December 31, Year 1, balance sheet? d) What total amount of cash was paid to the bank on April 10, year 2, for principal and interest? e) What amount of interest expense was reported on the Year 2 income statement? Q27 On January 1, Year 1, Monroe Co. borrowed $80,000 cash from First Bank by issuing a four-year 6 percent note. The principal and interest are to be paid by making annual payments in the amount of $23,087. Payments are to be made December 31 of each year, beginning December 31, year 1. Required: a) Prepare an amortization schedule for the interest and principal for the four-year period