Current Attempt in Progress

Following are selected balance sheet accounts of Novak 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

Selected income statement information for the year ended December $31,2020$:

Additional information:

During $2020,$ equipment costing $$45,200$ was sald for cash.

Accounts receivable relate to sales of merchandise.

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$,$ irwesting, or financing$)$ and the amount that should be reported in the statement of cash flows for

the following items.

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