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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 $4,100. The amount to be reported under cash flows from financing activities is:
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$(12,500).
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$(62,500).
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$12,500.
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$(4,100).
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$(66,600).
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