Haven Corporation issued $700,000 of 10-year bonds payable at par in 2011. During 2015 Haven paid $50,000 interest and an additional $233,333 to retire one-third of the bonds at par

These activities would be reported in Haven's statement of cash flows for 2015 as:

A. $283,333 net cash provided by financing activities.

B. $283,333 net cash used in financing activities.

C. $233,333 net cash used in financing activities, and $50,000 cash disbursed for operating activities.

D. $466,667 net cash provided by financing activities, and $50,000 cash disbursed for operating activities.

C

Business

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