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Doc Corporation purchased land for $ 3 2 5 , 0 0 0 . Later in the year, the company sold a different piece of
Doc Corporation purchased land for $ Later in the year, the company sold a different piece of land with a book value of $ for $ Using the indirect method, how are these transactions reported on the statement of cash flows?
an increase of $ from investing activities, a decrease of $ from investing activities, and a deduction to net income of $ in the operating activities section
a decrease of $ from investing activities, and increase of $ from financing activities, and an increase of $ in investing activities
a decrease of $ from investing activities, an increase of $ from investing activities, and an addition to net income of $ in the operating activities section
a decrease of $ from investing activities, and an increase of $ from investing activities
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