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Question 46 1 pts Tiras, Inc provided its auditors with the following information from its 2021 financial statements . Bonds payable at January 1, 2021

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Question 46 1 pts Tiras, Inc provided its auditors with the following information from its 2021 financial statements . Bonds payable at January 1, 2021 - $800,000 Bonds payable at December 31, 2021 - $4,800,000 During 2021 $720,000 payment was made to retire bonds payable with a face amount of $800,000 o Bonds payable with a face amount of $320,000 were issued in exchange for equipment In its statement of cash flows for the year ended December 31, 2021, what amount should Tiras, Inc report as proceeds from issuance of bonds payable? $5,120,000 $4,400,000 $4,000,000 $4,480,000 $5,600,000 $3,680,000

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