On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the Financing Activities section of the statement of cash flows, assuming no gain or loss on retiring the bonds: N ACCOUNT Bonds Payable ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 550,000 Jan. 2 Retire bonds 110,000 440,000 June 30 Issue bonds 330,000 770,000 ACCOUNT Discount on Bond Payable ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 24,750 8,800 15,950 o Jan. June Dec. 2 30 31 Balance Retire bonds Issue bonds Amortize discount 22,100 38,050 36,150 1,900 Item Section of Statement of Cash Flows Added or Deducted Amount Retire bonds Issue bonds Amortization of discount