A company had comparative balance sheets and income statement for the year 2022 as follows: Income Statement for Year 2022 The cost of equipment sold during 2022 (on which a gain of $20 was recognized) was $60. 6) Cash provided by operating activities during the year 2022 amounted to: A) $200 B) $180 C) $160 D) $140 E) $130 7) Which of the following is not a correct statement: A) Cash used to purchase plant and equipment during 2022 amounted to $140. B) Cash received from the sale of equipment during 2022 amounted to $50. C) Cash received from the issue of capital stock during 2022 amounted to $30. D) Cash received from the issue of long-term debt during 2022 amounted to $50. E) Cash used to pay dividends during 2022 amounted to $50