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If $3050000 of bonds are issued during the year but $4880000 of old bonds are retired during the year, the statement of cash flows will
If $3050000 of bonds are issued during the year but $4880000 of old bonds are retired during the year, the statement of cash flows will show ain) net increase in cash of $1830000. net loss on retirement of bonds of $1830000. net decrease in cash of $1830000 increase in cash of $3050000 and a decrease in cash of $4880000
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