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A company reported that its bonds with a par value of $50,000 and a carrying value of $63,000 are retired for $67,200 cash, resulting in
A company reported that its bonds with a par value of $50,000 and a carrying value of $63,000 are retired for $67,200 cash, resulting in a loss of $4,200. The amount to be reported under cash flows from financing activities is: $(13,000). $(4,200). $(67,200). $13,000. $(63,000). |
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