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 Informatlon. Additional information: a. Accounts recelvable relate to sales of merchandise. b. During 2021, equlpment costing $40,000 was sold for cash. c. During 2021, bonds payable with a face value of $20,000 were issued in exchange for property, plant, and equipment. There was no amortization of bond discount or premlum. Required: Items 1 through 5 represent actlvitJes 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 (I.e., O - Operating actlvity, I - Investing activity and F - Financing actlvity) In which the amount should be reported in the statement of cash flows. \begin{tabular}{|l|l|l|l|} \hline & & Amount & Category \\ \hline 1. & Cash collections from customers (direct method). & & \\ \hline 2. & Payments for purchase of property, plant, and equipment. & & \\ \hline 3. & Proceeds from sale of equipment. & & \\ \hline 4. & Cash dividends paid. & & \\ \hline 5. & Redemption of bonds payable. & & \\ \hline \end{tabular}