On January 1, Year 1, Jones Company issued bonds with a $160,000 face value, a stated rate of interest of 8.5%, and a 5 -year term to maturity. The bonds were issued at 97 . Interest is payable in cash on December 31 st of each year. The company amortizes bond discounts and premiums using the straight-line method. What is the amount of cash outflow from operating activities shown on Jones' statement of cash flows for the year ending December 31 , Year 2 ? Multiple Cholce $12,640 $13,600 $15,520 $14,560