During the current year, two transactions were recorded in the Land account of Duke Industries. One involved a debit of \(\$ 320,000\) to the Land account; the second was a \(\$ 210,000\) credit to the Land account. Duke's income statement for the year reported a loss on sale of land in the amount of \(\$ 25,000\). All transactions involving the Land account were cash transactions. These transactions would be shown in the statement of cash flows as:

a. \(\$ 320,000\) cash provided by investing activities, and \(\$ 210,000\) cash disbursed for investing activities.

b. \(\$ 185,000\) cash provided by investing activities, and \(\$ 320,000\) cash disbursed for investing activities.

c. \(\$ 235,000\) cash provided by investing activities, and \(\$ 320,000\) cash disbursed for investing activities.

d. \(\$ 210,000\) cash provided by investing activities, and \(\$ 320,000\) cash disbursed for investing activities.