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Mathematics, 04.12.2021 20:40 arunamvr

If $3000000 of bonds are issued during the year but $4800000 of old bonds are retired during the year, the statement of cash flows will show a(n) increase in cash of $3000000 and a decrease in cash of $4800000.

net increase in cash of $1800000.

net loss on retirement of bonds of $1800000.

net decrease in cash of $1800000.

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