Bonds with a face value of $310,000 are issued at 103.The statement of cash flows would report a cash inflow of:

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The bonds are issued at 103, which means that each bond was sold for 103% of its face value. Therefore, the total amount of cash received from the issuance of the bonds would be $310,000 x 103% = $319,300. This cash inflow would be reported in the financing activities section of the statement of cash flows.

Bonds with a Face Value of $310,000 Are Issued at 103.The