11. EX.13-14.ALGO (Algorithrmic) Reporting Issuance and Retirement of Long-Term Debt On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the Financing Activities section of the statement of cash fows, assuming no gain or loss on retiring the bonds ACCOUNT Bonds Payable ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Balance Retire bonds Issue bonds 340,000 272,000 476,000 Jan Jan une 30 68,000 204,000 ACCOUNT Discount on Bond Payable ACCOUNT NO Balance Date an Jan. 2 lune 30 Dec. 31 Item Debit Credit Credit Debit 15,300 9,860 23,560 22,380 Balance Retire bonds Issue bonds Amortize discount 5,440 13,700 1,180 Item Retire bonds Issue bonds Amortization of discount Section of Statement of Cash Flows Added or Deducted Amount