The Amortization of Bond Discount Related to Long-Term Debt Should

Multiple Choice

The amortization of bond discount related to long-term debt should be presented in a statement of cash flows prepared using the indirect method as a(n)

A) inflow and outflow of cash.
B) outflow of cash.
C) deduction from net income in the adjustments to reconcile net income to cash from operating activities.
D) addition to net income in the adjustments to reconcile net income to cash from operating activities.