TB MC Qu. 12-33 (Static) On August 1, Year 1, Jackson Company.... On August 1, Year 1, Jackson Company issued a one-year $80,000 face value interest-bearing note with a stated interest rate of 9% to Galaxy Bank Jackson accrues interest expense on December 31, Year 1, its calendar year-end. 05 poirs What is the cash flow from financing activities that will be reported during the year ending December 31, Year 17 Chapter 12 Assessment yue cele Unervore Notebooks Arms Login NMLAX Winter G h Hulu Home Saved 1 TB MC Qu. 12-33 (Static) On August 1, Year 1, Jackson Company... Help Save & Exit Su On August 1, Year 1, Jackson Company issued a one-year $80,000 face value interest-bearing note with a stated interest rate of 9% to Galaxy Bank. Jackson accrues Interest expense on December 31, Year 1, its calendar year-end 0.5 points What is the cash flow from financing activities that will be reported during the year ending December 31, Year 1? Multiple Choice