During the current year, Paxon Corporation's intangible assets account (at cost) increased $15,000, which was the net result of purchasing new intangible assets costing $80,000 and selling other intangible assets costing $65,000 at a $6,000 loss. Also, its bonds payable account decreased $40,000, the net result of issuing $100,000 of bonds at $103,000 and retiring bonds with a face value (and book value) of $140,000 at a $9,000 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?