Question: Check my work mode: This shows what is correct or incorrect for the work you have completed so far, it does not On January 1,

 Check my work mode: This shows what is correct or incorrect

Check my work mode: This shows what is correct or incorrect for the work you have completed so far, it does not On January 1, 2018, the Merit Group issued to its bank a $38 million, five-year installment note to be paid in five equal payments at the end of each year. Installment payments of $9.417 million annually include Interest at the rate of 7.6% 8.33 What would be the amounts related to the note that Merit would report in its statement of cash flows for the year ended December 31, 2018? (List each cash flow separately. List any cash outflows with a minus sign. Enter your answers in millions rounded to 2 decimal places le, 5,500,000 should be entered as 5.50).) (8 camas Answer is complete but not entirely correct. s MO Cash inflow from financing activitie Cash outlow from operating acties Cash outlow from financing advies

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