Investing and Financing Cash Flows 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? Use negative signs with answers, when appropriate. Cash flows from investing activities Purchase of intangible assets Sale of intangible assets Cash flows from financing activities $ (80,000) $ 59,000 Issuance of bonds Retirement of bonds $ (100,000) x $ 131,000 x >>