30: Company ABC data: Land on the 12/31/2020 balance sheet = $600,000 and on the 12/31/2021 balance sheet: $480,000; Acquisition of new land in 2021 for $100,000; Gain on disposal of land in 2021 of $80,000. Which of the following is not reflected in the 2021 statement of cash flows presented using the indirect method; Options for Question 29 :

Operating activities: Adjustment- Gain on disposal: -$80,000

Investing activities: Cash inflow from disposal of property: +$220,000

Investing activities: Cash inflow from disposal of property: +$300,000

Investing activities : Disbursements for acquisition of real estate: -$100,000