On November 1 2014, Fain Corporation paid principal and interest on a 6 month, 8% note payable with a face amount of $5000. How did this affect Fain financial statement?

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Exp Liabilities Stk Rev Net Cash Assets Equity Ret. Inc. Flow Cash Note Int Pay Pay Earn. A) (5.200) = (5,000) + 200 + (200) NA = (200) (5.000) OA 200 B) (5,400) (5,000) + NA + (400) (5,000) NA 400 (400) FA (400) OA C) (5.200) = (5,000) + NA + (200) NA 200 (200) (5,000) FA (200) OA D) None of the above