Following are selected balance sheet accounts of Ayayai 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 Assets 2020 2019 Increase (Decrease) Accounts receivable $33,700 $24,100 $9,600 Property, plant, and equipment 277,700 246,600 31,100 Accumulated depreciation-plant assets (177,000) (167,000) (10,000 ) Liabilities and stockholders' equity 2020 2019 Increase Bonds payable $49,200 $45,700 $3,500 Dividends payable 8,100 5,100 3,000 Common stock $1 par 22.100 19,200 2,900 Additional paid-in capital 9.100 3,000 6,100 Retained earnings 105,000 90,500 14,500 Selected Income statement Information for the year ended December 31, 2020: Sales revenue $154,200 Depreciation 38,100 Gain on sale of equipment 14,500 Selected Income statement information for the year ended December 31, 2020: Sales revenue $154,200 Depreciation 38,100 Gain on sale of equipment 14,500 Net income 31,000 Additional information: 1 During 2020, equipment costing $45,200 was sold for cash. 2 Accounts receivable relate to sales of merchandise. 3. 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. 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) Payments for purchase of property, plant, and equipment. Investing (b) Proceeds from the sale of equipment. Investing 12 -31100 45200 Additional information: 1 During 2020, equipment costing $45,200 was sold for cash. 2 Accounts receivable relate to sales of merchandise. 3. 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. 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) Payments for purchase of property, plant, and equipment. Investing -31100 (b) Proceeds from the sale of equipment. Investing 45200 (c) Cash dividends paid. Financing 15000 (d) Redemption of bonds payable. Financing 17000