Your Corporation issues an 8-year note payable on January 1, 2020 for $500,000. The interest rate is 5.5% and the annual payment of $78,932, due each December 31, includes both interest and principal. What is the net effect on the following items of the December 31, 2020 payment on the debt?

Group of answer choices

A

Cash Flow from Financing Activities	Cash Flow from Operating Activities	Cash Flow from Investing Activities
No effect	($51,432)	($27,500)

B

Cash Flow from Financing Activities	Cash Flow from Operating Activities	Cash Flow from Investing Activities
($51,432)	No effect	($27,500)

C

Cash Flow from Financing Activities	Cash Flow from Operating Activities	Cash Flow from Investing Activities
($27,500)	($51,432)	No effect

D

Cash Flow from Financing Activities	Cash Flow from Operating Activities	Cash Flow from Investing Activities
No effect	($27,500)	($51,432)

E

Cash Flow from Financing Activities	Cash Flow from Operating Activities	Cash Flow from Investing Activities
($51,432)	($27,500)	No effect