Investing and Financing Cash Flows

Need help understanding how to calculate the retirement of bonds

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Question 4 Partially correct Mark 3.00 out of 4.00 P Flag question Edit question Investing and Financing Cash Flows During the current year, Paxon Corporation's long-term investments account (at cost) increased $52,500, which was the net result of purchasing stocks costing $280,000 and selling stocks costing $227,500 at a $21,000 loss. Also, its bonds payable account decreased $140,000, the net result of issuing $350,000 of bonds at $360,500 and retiring bonds with a face value (and book value) of $490,000 at a $31,500 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? Use negative signs with answers, when appropriate. $ (280,000) $ 206,500 Cash flows from investing activities Purchase of stock investments Sale of stock investments Cash flows from financing activities Issuance of bonds Retirement of bonds $ 360,500 458,500 x $