Following are selected balance sheet accounts of Del Conte Corporation at December 31, 2024 and 2023, and the increases or decreases in each account from 2023 to 2024. Also presented is selected income statement information for the year ended December 31, 2024, and additional information. Bonds payable Selected Balance Sheet Accounts Assets Accounts receivable Property, plant, and equipment Accumulated depreciation Liabilities and Stockholders' Equity Dividends payable $ 38,000 281,000 (182,000) 2024 2023 Increase (Decrease) $ 26,000 249,000 (169,000) $ 12,000 32,000 13,000 55,000 50,000 5,000 9,000 5,800 3,200 Common stock, $1 par 26,000 21,000 5,000 Additional paid-in capital 10,000 3,800 6,200 Retained earnings 108,000 93,000 15,000 Selected Income Statement Information for the Year Ended December 31, 2024 Sales revenue $ 159,000 Depreciation 37,000 Gain on sale of equipment 14,000 32,000 Net income Additional information: a. Accounts receivable relate to sales of merchandise. b. During 2024, equipment costing $44,000 was sold for cash. c. During 2024, bonds payable with a face value of $24,000 were issued in exchange for property, plant, and equipment. There was no amortization of bond discount or premium. 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, 2024. The following two responses are required for each item: a. Determine the amount that should be reported in Del Conte's 2024 statement of cash flows. b. Select the category (i.e., Operating activity, Investing activity and Financing activity) in which the amount should be reported in the statement of cash flows. 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. Amount Category