7) In preparing XYZ, Inc.'s statement of cash flows for the year ended December 31, 2019, the following amounts were available: Collected note receivable of $410,000 Issued bonds payable of $426,000 Purchased treasury stock for $200,000 Purchased a piece of equipment for $500,000 a. What amount should be reported on XYZ, Inc.'s statement of cash flows for investing activities? Indicate whether it is a net cash inflow or outflow. b. What amount should be reported on XYZ, Inc's statement of cash flows for financing activities? Indicate whether it is a net cash inflow or outflow