Question: A company reported that its bonds with a par value of $50,000 and a carrying value of $65,500 are retired for $70,200 cash, resulting in
A company reported that its bonds with a par value of $50,000 and a carrying value of $65,500 are retired for $70,200 cash, resulting in a loss of $4,700. The amount to be reported under cash flows from financing activities is:
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