If $$1176000$ of bonds are issued during the year but $$2450000$ of old bonds ase retired during the year, the statement of cash flows will show $a(n)\backslash$

net increase in cash of $$1274000.\backslash$

net decrease in cash of $$1176000.\backslash$

increase in cash of $$1176000$ and a decrease in cash of $$2450000.\backslash$

net loss on retirement of bonds of $$1274000.$