QUESTION 6 The net income for Mountain Corp was $4,000,000 for the year ended December 31, 2016. Additional information is as follows: Depreciation on fixed assets $2,000,000 Proceeds from sale of land 200,000 Increase in accounts payable 300,000 Dividends on preferred stock 400,000 The net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2016, should be: $6,300,000 $6,000,000 $6,500,000 $6,100,000 QUESTION 7 Which of the following would result in cash payments related to investing activities? O Payments to acquire property, plant or equipment. O Payments of dividends. O Payments to repurchase a company's outstanding securities as treasury stock. Payment to governmental authorities for taxes