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On March 17, 20x3, Happy Harry's Wholesale Jalapeno Company retired bonds for $71,400 cash. Harry reported that the bonds had a par value of $50,000

On March 17, 20x3, Happy Harry's Wholesale Jalapeno Company retired bonds for $71,400 cash. Harry reported that the bonds had a par value of $50,000 and a carrying value of $66,500 on the retirement date. In addition, Harry incurred a loss of $4,900 as a result of the retirement of the bonds, What is the amount that Harry will report for his cash flows from financing activities? Multiple Choice $(71,400). $(4,900). $(66,500). 4

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