Following are selected balance sheet accounts of Allman Bros. Corp. at December 31, 2020 and 2019, and the increases or decreases in each account from 2019 to 2020. Also presented is selected income statement information for the year ended December 31, 2020, and additional information Selected balance sheet accounts Increase Assets 2020 2019 (Decrease) Accounts receivable $34.000 $24.000 $10,000 Property, plant, and equipment 277,000 247.000 30,000 Accumulated depreciation-plant assets (178,000 (167.000) (11.0001 Liabilities and stockholders equity Bonds payable Dividends payable Common stock 51 par Additional paid in capital Retained earnings 2020 $49.000 8.000 22.000 9.000 10400 2019 $46.000 5.000 19.000 3.000 01000 Increase $3,000 3.000 2.000 6,000 13,000 Selected income statement information for the year ended December 31, 2020 Sales revence $155,000 Depreciation 33.000 Gain on sale of equipment 14,500 Net income 31.000 Aditional information Gain on sale of equipment Net income 14,500 31,000 Additional information: 1 2 During 2020, equipment costing $45,000 was sold for cash. Accounts receivable relate to sales of merchandise. During 2020, $20,000 of bonds payable were issued in exchange for property, plant, and equipment. There was no amortization of bond discount or premium. 3. Determine the category (operating, investing or financing) and the amount that should be reported in the statement of cash flows for the following items Activity (a) Investing $ 56400 (b) Payments for purchase of property, plant, and equipment Proceeds from the sale of equipment Cash dividends paid Investing $ 33400 (c) Financing 5 14400 (d) Redemption of bonds payable. $ 17300