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During 2025 , Nash Company issued $888000 of bonds during the year and used the proceeds, along with additional cash on hand, to retire $1850000
During 2025 , Nash Company issued $888000 of bonds during the year and used the proceeds, along with additional cash on hand, to retire $1850000 of previously issued bonds. Nash's statement of cash flows for 2025 will report a(n) net decrease in cash of $888000. net increase in cash of $962000. increase in cash of $888000 and a decrease in cash of $1850000. net loss on retirement of bonds of $962000
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