ring Enabled: Exam $3$

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A company reported that its bonds with a par value of $$50,000$ and a carrying value of $$58,500$ are retired for $$61,800$ cash, resulting in a loss of $$3,300.$ The amount to be reported under cash flows from financing activities is:

Multiple Choice

$$(61,800).$

$$(8,500).$

$$8,500.$

$$(58,500).$

$$ $$(3,300).$

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