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Business, 13.03.2021 05:50 4300252063

A company reported that its bonds with a par value of $50,000 and a carrying value of $57,000 are retired for $60,000 cash, resulting in a loss of $3,000. The amount to be reported under cash flows from financing activities is: Multiple Choice $(3,000). $(60,000). $(57,000). $7,000. $(7,000).

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