The following information was drawn from Eckerd Company's balance sheets at the end of Year 2 and Year 1. 7 Bonds payable Year 2 Year 1 $200,000 $165,000 New bonds in the amount of $87,500 were issued at par during Year 2. What is the amount of cash flow associated with the repayment of bond liabilities? Multiple Choice $52,500 $112,500 $165,000 Cannot be determined The following information was drawn from the year-end balance sheets of White, Inc. 8 Bonds payable Common stock Treasury stock Retained earnings Year 2 Year 1 $226,000 $314,000 171,000 120,000 76,000 45,000 74,000 60,000 White, Inc., uses the cost method to account for treasury stock. No treasury stock was sold during the year. What is the amount of cash outflows for the purchase of treasury stock? Multiple Choice $14,000 $76,000 $83,500 None of these answers are correct