National Food Services, Inc., borrowed $4 million from its local bank on January 1, 2016, and issued a 4-year installment note to be paid in four equal payments at the end of each year. The payments...

National Food Services, Inc., borrowed $4 million from its local bank on January 1, 2016, and issued a 4-year

installment note to be paid in four equal payments at the end of each year. The payments include interest at the rate

of 10%. Installment payments are $1,261,881 annually.

Required:

What would be the amount(s) related to the note that National would report in its statement of cash flows for the

year ended December 31, 2016?