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During the current year, Paxon Corporation's intangible assets account ( at cost ) increased $ 3 7 , 5 0 0 , which was the

During the current year, Paxon Corporation's intangible assets account (at cost) increased $37,500, which was the net result of purchasing new intangible assets costing $200,000 and selling other intangible assets costing $162,500 at a $15,000 loss. Also, its bonds payable account decreased $100,000, the net result of issuing $250,000 of bonds at $257,500 and retiring bonds with a face value (and book value) of $350,000 at a $22,500 gain. What items and amounts appear in the (a) cash flows from investing activities and (b) cash flows from financing activities sections of its statement of cash flows?

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