Question: Services, Incorporated, borrowed $ 4 . 8 million from its local bank on January 1 , 2 0 2 4 , and issued a four

Services, Incorporated, borrowed $4.8 million from its local bank on January 1,2024, and issued a four-year installment note to be paid in four equal payments at the end of each year. The payments include interest at the rate of 9%. Installment payments are $1,481,610 annually. Required: What would be the amounts) related to the note that National would report in its statement of cash flows for the year ended

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