Question: Most Solutions, Inc., issued 11% bonds, dated January 1, with a face amount of $700 million on January 1, 2016. The bonds mature in 2026

Most Solutions, Inc., issued 11% bonds, dated January 1, with a face amount of $700 million on January 1, 2016. The bonds mature in 2026 (10 years). For bonds of similar risk and maturity the market yield is 13%. Interest expense is recorded at the effective interest rate. Interest is paid semiannually on June 30 and December 31. Most recorded the sale as follows: January 1, 2016 Cash (price) 619,707,200 Discount on bonds (difference) 80,292,800 Bonds payable (face amount) 700,000,000 Required: What would be the amount(s) related to the bonds that Most would report in its statement of cash flows for the year ended December 31, 2016? (List any cash outflow with a minus sign. Enter your answers in whole dollars.)

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