On November 1,2012,Fain Corporation paid principal and interest on a 6-month,8% note payable with a face amount of $5,000.How did this transaction affect Fain's financial statements? 
Definitions:
Net Operating Income
A measure of a company's profitability, calculated as gross revenue minus operating expenses, excluding taxes and interest.
Monthly Sales
Monthly sales refer to the total revenue generated from sales activities during a specific month, indicating the performance and growth trends of a business.
Dollar Sales
The total monetary value of sales achieved by a company over a specific period of time, reflecting both volume and price.
Target Profit
Target profit is the amount of net income a business aims to generate, calculated as projected sales minus estimated costs and expenses.
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