A company took the following actions related to $5 million of lO-year bonds with a coupon rate of 8% payable semi-annually on 30 June and 31 December:

A.Issued on 1 January 2006,when the market rate of interest was 6%.

B.Bought back in an open market transaction on 1 January 2012,when the market rate of interest was 8%.

C.$350,984 decrease in the cash from operations.