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A company issued 12% bonds, dated January 1, with a face amount of $720 million on January 1, Year 1 . The bonds mature in

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A company issued 12% bonds, dated January 1, with a face amount of $720 million on January 1, Year 1 . The bonds mature in Year 11 (10 years). For bonds of similar risk and maturity the market yield is 14%. Interest expense is recorded at the effective interest rate. Interest is paid semiannually on June 30 and December 31 . The company recorded the sale as follows: Required: What would be the amount(s) related to the bonds that the company would report in its statement of cash flows for the year ended December 31, Year 1 ? Note: Cash outflows should be indicated with a minus sign. Enter your answers in whole dollars and not in millions

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