Question: ndy Corn, Incorporated, borrowed $ 6 . 0 million from its local bank on January 1 , 2 0 2 4 , and issued a

ndy Corn, Incorporated, borrowed $6.0 million from its local bank on January 1,2024, and issued a four-year allment note to be paid in four equal payments at the end of each year. The payments include interest at the Installment payments are $1,811,525 annually.
would be the amount related to the note that Candy Corn would report in its operating section of the state flows for the year ended December 31,2024?
80,000)
311,525
ne of the options listed.
31,525)
0,000
ndy Corn, Incorporated, borrowed $ 6 . 0 million

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