VanDerMeer Co. issues a bond with principal (face value) of $80,000. The bond was issued at...
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VanDerMeer Co. issues a bond with principal (face value) of $80,000. The bond was issued at a premium, and the company credits the bond premium account by $3,500 at the issuance date. What is the cash flow amount resulting from this bond issuance? (Note: inflows are positive and outflows are negative). VanDerMeer Co. issues a bond with principal (face value) of $80,000. The bond was issued at a premium, and the company credits the bond premium account by $3,500 at the issuance date. What is the cash flow amount resulting from this bond issuance? (Note: inflows are positive and outflows are negative).
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