On January 1, Year XXX1, Day Co. borrowed cash from First National Bank by issuing $90,000 face value, three-year term note that had a 7% annual interest rate. The note is to be repaid by making annual cash payments of $34,295 that include both interest and principal on December 31 of each year. Day used the proceedings from the loan to purchase land that generated rental revenues of $45,000 per year. Required: a) Find the balance on note payable to First National Bank on January 1, Year XXX3. b) Calculate the net income for years XXX1 and XXX2 assuming only the data provided. c) Find the values of all the assets and liabilities that would be reported in the balance sheet prepared on December 31, Year XXX1. d) Find out the net cash flow from operating activities, investing activities, and financing activities for the year XXX1.