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The City of Touchstone issued $1,000,000 general obligation bonds at 102 to build a new community center. As part of the bond issue, the city also paid a $2,500 underwriter fee and $4,000 in debt issue costs. What amount should the City of Touchstone report as other financing sources? - $1,020,000. - $1,000,016. - $1,013,500. - $1,000,000.
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