Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Discover reliable solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

. on january 1, princeton, inc. issued $2 million of 8% bonds at 93.5% of par, based on an effective rate of 9%. the bonds pay interest on june 30 and december 31. according to u.s. gaap, what amount should princeton report in cash flow from operating activities for the first year ended december 31, if the coupon payments are made on time? ($90,000) ($160,000) ($168,300)