Question: Notes Payable: 1 0 0 , 0 0 0 Interest Expense: 2 0 , 0 0 0 Cash: 1 2 0 , 0 0 0

Notes Payable: 100,000
Interest Expense: 20,000
Cash: 120,000
What type of activity is this and what is the amount shown (if any) on the statement of cash flows?
A. Financing, 120,000; Operating, Not on Indirect Statement
B. Financing, (100,000); Operating, Not on Indirect Statement
C. Financing, (120,000); Investing, Not on Indirect Statement

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