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Your Corporation lent $20,000 to the West Co. on July 1, 2019. The interest rate is 5%. West Co. repaid ALL of the principal and

Your Corporation lent $20,000 to the West Co. on July 1, 2019. The interest rate is 5%. West Co. repaid ALL of the principal and the interest on June 30, 2020. What was the net effect on the following items for Your Corporation when the repayment is made in 2020?

Cash Flow from Operating Activities

Cash Flow from Investing Activities

Cash Flow from Financing Activities

$500

$20,000

$0

Cash Flow from Operating Activities

Cash Flow from Investing Activities

Cash Flow from Financing Activities

$1,000

$20,000

$0

Cash Flow from Operating Activities

Cash Flow from Investing Activities

Cash Flow from Financing Activities

$0

$21,000

$0

Cash Flow from Operating Activities

Cash Flow from Investing Activities

Cash Flow from Financing Activities

$500

$0

$20,000

Cash Flow from Operating Activities

Cash Flow from Investing Activities

Cash Flow from Financing Activities

$1,000

$0

$20,000

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