5. Land costing $200,000 was sold for $140,000 cash. The $60,000 loss on the sale was reported on the income statement as other expenses and losses. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $60,000 b. $260,000. C. $140,000 d. $200,000 10. The net income reported on the income statement for the current year was $400,000. The net income includes a gain of $50,000 from the sale of a plant asset. Inventories increased by $30,000 and accounts payable increased by $20,000. Accounts receivable decreased by $60,000 and wages payable decreased by $10,000. How much cash was provided by operating activities? a. $390,000 b. $360,000. c. $440,000. d. $400,000