Question: A compary reported that its bonds with a par value of $50,000 and a carrying value of $66,500 are retired for $71,400 cash, resulting in

 A compary reported that its bonds with a par value of

A compary reported that its bonds with a par value of $50,000 and a carrying value of $66,500 are retired for $71,400 cash, resulting in a loss of $4,900. The amount to be reported under cash flows from financing activities is: Multiple Choice $(7,400) $16,500 $(4,900) $(1)6,500)

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