If $2300000 of bonds are issued during the year but $3680000 of old bonds are retired during the year, the statement of cash flows will show a(n)

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If $2300000 of bonds are issued during the year but $3680000 of old bonds are retired during the year, the statement of cash flows will show a(n)

net increase in cash of $1380000.

net loss on retirement of bonds of $1380000.

net decrease in cash of $1380000.

increase in cash of $2300000 and a decrease in cash of $3680000.

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