1 A company has bonds outstanding with a parvalue of $100.000. The unamortized discount on these bonds is $3.500. The company calls these bonds at a price of $98.500, the gain or loss on retirement is A $3.500 loss B. $2,000 gain C. $3.500 gain. D. $2.000 loss QUESTION 2 Use the following company information to calculate net cash provided or used by investing activities: (1) Equipment with a book value of $87,500 and an original cost of $150,000 was sold at a loss of $8,500. (2) Paid $31,000 cash for a new truck. (3) Sold land costing $16.000 for $18,000 cash, realizing a $2.000 gain. (4) Purchased treasury stock for $30,500 cash. (5) Long-term investments in stock are sold for $20.500 cash, realizing a gain of $1,750. A $56.000 cash provided by investing activities. B. $56,000 cash used in investing activities. C. $86.500 cash used in investing activities. D. $86.500 cash provided by investing activities