5. 1 point(s) If bonds are issued at a discount, the issuing corporation will pay a principal amount less than the face amount of the bonds on the maturity date. (no answer) True False 6. Salvage value is not subtracted from plant asset cost in determining depreciation expense under the declining-balance method of depreciation. (no answer) True False 1 point(s) 7. 1 point(s) Any item that appears on the income statement would be considered as either a cash inflow or cash outflow from operating activities. 8. (no answer) True False 1 point(s) The payment of interest on bonds payable is classified as a cash outflow from operating activities in the cash- flow statement. (no answer) True False