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Strawbale, Inc. purchases a $327,700 building, paying $226,000 in cash and signing a $101,700 promissory note. What will be reported on the statement of
Strawbale, Inc. purchases a $327,700 building, paying $226,000 in cash and signing a $101,700 promissory note. What will be reported on the statement of cash flows as a result of this transaction? Multiple Choice A $226,000 cash outflow from investing activities and a $101,700 cash inflow from financing activities A $327,700 cash outflow from investing activities and a $101,700 cash inflow from financing activities A $226,000 cash outflow from investing activities and a $101,700 noncash transaction A $327,700 cash outflow from investing activities
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