Following are selected balance sheet accounts of Del Conte Corp. at December 31, 2021 and 2020, and the increases or decreases in each account from 2020 to 2021 Also presented is selected income statement information for the year ended December 31, 2021, and additional information Increase (Decrease) $14.000 24,000 15,000 Selected lance Sheet Accounts 2021 Assets Accounts receivable $ 42,000 $28.000 Property, plant, and equipment 285.000 251.000 Accumulated depreciation (186,000) (171.000) Liabilities and Stockholders' Equity Bonds payable Dividends payable 61,000 54.000 10,000 5.800 Common stack, 51 por 30.000 23.000 Mditional paid in capital 11.000 4,600 Betained earnings 112.000 95,000 Selected Income Statement Information for the Year Ended December 31, 2011 Sales revenue Depreciation 41.000 Gain on sale of met 15.000 Net Inc 7,000 3,400 7.000 6,400 17,000 Additional information a Accounts receivable relate to sales of merchandise b. During 2021 equipment costing 548.000 was sold for cash During 2021 bonds payable with a face value of $28.000 were issued in exchange for property, plant and equipment. There was ho amortization of bond discount or premium was Required: Items 1 through 5 represent activities that will be reported in Del Conte's statement of cash flows for the year ended December 31, 2021. The following two responses are required for each item a. Determine the amount that should be reported in Del Conte's 2021 statement of cash flows b. Select the category (e. O - Operating activity. 1 - Investing activity and F - Financing activity in which the amount should be reported in the statement of cash flows Amount Category 1. Cash collections from customers (direct method) 2 Payments for purchase of property, plant, and equipment 3. Proceeds from sale of equipment 4 Cash dividends paid 5 Redemption of bonds payable