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Your Corporation issues a 6-year note payable on January 1, 2020 for $5,000. The interest rate is 45% and the annual payment of $969, due

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Your Corporation issues a 6-year note payable on January 1, 2020 for $5,000. The interest rate is 45% and the annual payment of $969, due each December 31, includes both interest and principal. What is the net effect on the following items of the December 31, 2020 payment? -Cash Flow from Cash Flow from Financing Activities Operating Activities No effect ($225) Cash Flow from Investing Activities ($744) o Cash Flow from Investing Activities Cash Flow from Cash Flow from Financing Activities Operating Activities (5225) ($744) No effect o Cash Flow from Investing Activities Cash Flow from Cash Flow from Financing Activities Operating Activities ($744) No effect ($225) O Cash Flow from Investing Activities Cash Flow from Cash Flow from Financing Activities Operating Activities No effect ($225) ($744) O Cash Flow from Investing Activities Cash Flow from Cash Flow from Financing Activities Operating Activities ($744) ($225) No effect

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