Exercise 12-11A (Algo) Determining cash flows from financing activities LO 124 On January 1, Year 1, DIBA Company had a baiance of $541,000 in its Bonds Payable account. During Year 1 , DIBA issued bonds with a $190,000 face value. There was no premium or discount associated with the bond issue. The balance in the Bonds. Payable account on December 31, Year 1, was $201,000 Required a. Determine the cosh outflow for the repayment of bond llabilities assuming that the bonds were retired at face value. b. Prepare the financing activities section of the Year 1. statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.)