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TB MC Qu. 09.36 (Algo) Madison Company issued an interest-bearing... Madison Company issued an interest-bearing note payable with a face value of $9.600 and a

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TB MC Qu. 09.36 (Algo) Madison Company issued an interest-bearing... Madison Company issued an interest-bearing note payable with a face value of $9.600 and a stated interest rate of 8% to Metropolitan Bank on August 1, Year 1. The note carried a oneyear term. Based on this information alone, what is the amount of cash flow from operating activities reported on Madison's Year 1 statement of cash flows? 5.0 $9,500 $768 $320

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