David Corporation issued $80,000,5-year bonds at 98 on January 1,2016.On December 31,2020,the bonds matured.The payment of the bonds at maturity would be reported on the statement of cash flows as a cash outflow of:

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The payment of bonds at maturity is reported as a cash outflow in the financing activities section of the statement of cash flows. The amount paid is the face value of the bonds, which is $80,000, regardless of the issue price.

David Corporation Issued $80,000,5-Year Bonds at 98 on January 1,2016