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The following information was taken from the 2 0 2 4 financial statements of Blue Corporation: Bonds payable January 1 , 2 0 2 4

The following information was taken from the 2024 financial statements of Blue Corporation:
Bonds payable January 1,2024 $791000
Bonds payable December 31,2024,4900000
In 2024, the following bonds payable transactions occurred:
A $715000 payment was made to retire bonds payable with a face amount of $791000.
Bonds payable with a face amount of $329000 were issued in exchange for equipment.
In its statement of cash flows for the year ended December 31,2024, what amount should Blue report as proceeds from the issuance of bonds payable?
$4514000
$5229000
$4571000
4109000
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