16)

At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $38,179. During the year, the company repaid a long-term loan in the amount of $11,189. The company paid $4,425 in interest during the year, and opened a new long-term loan for $9,815. What was the cash flow to creditors during the year?

Multiple Choice

• $6,764

• $5,799

• $1,374

• $12,750

• $5,390