Myriad Solutions, Inc., issued 12% bonds, dated January 1, with a face amount of $480 million on January 1, 2016 for $429,149,088. The bonds mature on December 31, 2025 (10 years). For bonds of similar risk and maturity the market yield is 14%. Interest is paid semiannually on June 30 and December 31.

1. Indicate the amounts reported on the financial statements below for the year ending December 31, 2016.(Any outflow of cash should be indicated by a minus sign. Round your answer to nearest whole dollar. Enter your answers in whole dollars.)

Balance sheet:
Net liability	$
Income statement:
Interest expense	$
Statement of cash flows:
Operating	$
Investing	$
Financing	$