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A company reported that its bonds with a par value of $50,000 and a carrying value of $62,500 are retired for $66,600 cash, resulting in

A company reported that its bonds with a par value of $50,000 and a carrying value of $62,500 are retired for $66,600 cash, resulting in a loss of $4,100. The amount to be reported under cash flows from financing activities is:

  • $(12,500).

  • $(62,500).

  • $12,500.

  • $(4,100).

  • $(66,600).

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