A company exchanges equipment worth \$250,000 for a long-term note payable. How should this transaction be disclosed and what is its impact on financial analysis?

Included in the operating section; it impacts daily cash flow analysis significantly.

Included in the investing section; it impacts current asset valuation methods.

Disclosed in the financing section; it impacts stockholder equity analysis directly.

Disclosed at the bottom; it impacts the company's liabilities and asset management.