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Amortization of bond premium on long-term debt should be presented in a statement of cash flows using the direct method for operating activities as: a.

Amortization of bond premium on long-term debt should be presented in a statement of cash flows using the direct method for operating activities as:

a. deduction from net income

b. addition to net income

c. investing activity.

d. financing activity.

e. none of the above.

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