A company reported that its bonds with a par value of $50,000 and a carrying value of $58,000 are retired for $61,200 cash, resulting in a loss of $3,200. The amount to be reported under cash flows from financing activities is:

Multiple Choice

• $(58,000).

• $(8,000).

• $(61,200).

• $(3,200).

• $8,000.

Hampton Company reports the following information for its recent calendar year.

Income Statement Data				Selected Year-End Balance Sheet Data
Sales	$	78,000		Accounts receivable increase	$	9,000
Expenses				Inventory decrease		5,000
Cost of goods sold		38,000		Salaries payable increase		800
Salaries expense		11,000
Depreciation expense		6,000
Net income	$	23,000

Required:

Prepare the operating activities section of the statement of cash flows for Hampton Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)