Kier Company issued $200,000 in bonds on January 1,2016.The bonds were issued at face value and carried a 4-year term to maturity.They had a 6 ½% stated rate of interest that was payable in cash on December 31st.Based on this information alone,the amount of interest expense shown on the 12/31/2016 income statement and the cash flow from operating activities shown on the 12/31/2016 statement of cash flows would be:

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