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On June 4, White Corporation issued $400 million of bonds for $386 million. During the same year, $1 million of the bond discount was amortized.

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On June 4, White Corporation issued $400 million of bonds for $386 million. During the same year, $1 million of the bond discount was amortized. In a statement of cash flows prepared by the indirect method, White Corporation should report: A. A financing activity of$400 million. B. An addition to net income of $1 million. C. An investing activity of $386 million. D. A deduction from net income of $1 million

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