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During 2017, Sheridan Company redeemed $1,600,000 of bonds payable for $1,504,000 cash. Indicate how this transaction would be reported on a statement of cash flows,

During 2017, Sheridan Company redeemed $1,600,000 of bonds payable for $1,504,000 cash. Indicate how this transaction would be reported on a statement of cash flows, if at all.

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