Question: A company reported that its bonds with a par value of $50,000 and a carrying value of $65,000 are retired for $69,600 cash, resulting in

A company reported that its bonds with a par value of $50,000 and a carrying value of $65,000 are retired for $69,600 cash, resulting in a loss of $4,600. The amount to be reported under cash flows from financing activities is:

Zero. This is an investing activity.

Zero. This is an operating activity.

$(69,600).

$(4,600).

$(65,000).

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