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The following information was taken from the 2024 financial statements of Grouper Corporation: In 2024, the following bonds payable transactions occurred: - A $722000 payment
The following information was taken from the 2024 financial statements of Grouper Corporation: In 2024, the following bonds payable transactions occurred: - A $722000 payment was made to retire bonds payable with a face amount of $810000. - Bonds payable with a face amount of $319000 were issued in exchange for equipment. In its statement of cash flows for the year ended December 31, 2024, what amount should Grouper report as proceeds from the issuance of bonds payable? $4337000$5059000$3930000$4421000
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