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12 Land costing $67,100 was sold for $93,800 cash. The gain on the sale was reported on the income statement as other revenue. On the

12 Land costing $67,100 was sold for $93,800 cash. The gain on the sale was reported on the income statement as other revenue. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $160,900 b. $67,100 c. $93,800 d. $26,700

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