K Reporting issuance and retirement of long-term debt On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the "Cash flows from (used for) financing activities" section of the statement of cash flows, assuming no gain or loss on retiring the bonds: ACCOUNT Bonds Payable ACCOUNT NO. Date January 1 January 2 June 30 Date January 1 January 2 June 30 December 31 Items Item ACCOUNT Discount on Bonds Payable Retire bonds Issue bonds Balance Retire bonds Issue bonds Debit Item Amortization of discount 86,000 Balance Retire bonds Issue bonds Amortize discount Credit 258,000 Balance Debit Debit Credit 17,300 6,880 1,490 Balance Credit 19,350 12,470 29,770 28,280 430,000 344,000 602,000 ACCOUNT NO. Balance Balance Debit Credit Section of Statement of Cash Flows Added or Deducted Amount