On january 1, year 1, brown company boon january 1, year 1, brown company borrowed cash from first bank by issuing a $42,500 face value, four-year term note that had an 6 percent annual interest rate. the note is to be repaid by making annual cash payments of $12,265 that include both interest and principal on december 31 of each year. brown used the proceeds from the loan to purchase land that generated rental revenues of $22,100 cash per year. d. does cash outflow from operating activities remain constant or change each year?