Question: Apollo Corporation issued $ 3 0 0 , 0 0 0 , five - year bonds at 9 8 on January 1 , 2 0

Apollo Corporation issued $300,000, five-year bonds at 98 on January 1,2019. On December 31,2023, the bonds matured. The payment of the bonds at maturity would be reported on the statement of cash flows as a cash outflow of
a. $294,000 in the financing activities section.
$294,000 in the investing activities section.
$300,000 in the financing activities section.
$300,000 in the investing activities section.

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