At the beginning of 2020, the balance of Bonds Payable was $17,000. At the end of 2020, the Bonds Payable balance was $21,000. No bonds were repaid in 2020. How would Bonds Payable be accounted for in the Statement of Cash Flows?

• A. Investing Activities; Cash Paid to Retire Bonds Payable ($4,000)
• B. Investing Activities; Cash Received from Issuing Bonds Payable $4,000
• C. Financing Activities; Cash Received from Issuing Bonds Payable $4,000
• D. Financing Activities; Cash Paid to Retire Bonds Payable ($4,000)