Most Solutions, Incorporated, issued 11% bonds, dated January 1, with a face amount of $700 million on January 1, 2024. The bonds mature in 2034 (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, 2024

General JournalDebitCreditCash (price)622,872,635 Discount on bonds (difference)77,127,365 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, 2024?

Note: Cash outflows should be indicated with a minus sign. Enter your answers in whole dollars and not in millions.

Most Solutions, Incorporated, issued 11% bonds, dated January 1 , with a face amount of $700 million on January 1, 2024. The bonds mature in 2034 (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, 2024 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, 2024? Note: Cash outflows should be indicated with a minus sign. Enter your answers in whole dollars and not in millions