Investing and Financing Cash Flows

During the year, Paton Corporation$$s Long$$Term Investments account $($at cost$)$ increased $$20,000,$ the net result of purchasing stocks costing $$85,000$ and selling stocks costing $$65,000$ at a $$7,000$ loss. Also, the Bonds Payable account decreased by $$35,000,$ the net result of issuing $$100,000$ of bonds at $102$ and retiring bonds with a face value $($and book value$)$ of $$135,000$ at an $$8,000$ gain. What items and amounts will appear in the $($a$)$ cash flows from investing activities and the $($b$)$ cash flows from financing activities sections of Paton$$s statement of cash flows?

Use a negative sign with cash outflow answers.

a$.$

Cash flow from investing activities will show

Purchase of Stock Investments Answer

Sale of Stock Investments Answer

b$.$

Cash flow from financing activities will show

Issuance of Bonds Answer

Retirement of Bonds Answer