Sparkles Inc. offers an incentive stock option plan to its regional managers. On January 1, 2021, options were granted for 60 million $1 par common shares. The exercise price is the market price on the grant date-$10 per share. Options cannot be exercised prior to January 1, 2023, and expire December 31, 2027. The fair value of the 60 million options, estimated by an appropriate option pricing model, is $5 per option. The journal entry to record the exercise of 75% of the options on March 12, 2023, when the market price is $12 per share would include a: O Debit to Paid-in capital stock options $720 million O Debit to Paid-in capital stock options $225 million O Debit to Paid-in capital stock options $300 million O None of the options listed O Debit to Paid-in capital stock options $540 million hp & ? Flipflops Inc. borrowed $4.4 million from its local bank on January 1, 2021, and issued a 4-year installment note to be paid in four equal payments at the end of each year. The payments include interest at the rate of 7%. Installment payments are $1,299,004 annually. What amount would be reported in the cash flow from operations section of the cash flow statement? O None of the above. O Inflow of $4,400,000 O Outflow of $991,004 O Outflow of $308,000 O Inflow $1,299,004