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Hsu Corporation had a beginning balance of $6,000 in its Land account. During the year Hsu Corporation sold some of its land, reducing the balance

Hsu Corporation had a beginning balance of $6,000 in its Land account. During the year Hsu Corporation sold some of its land, reducing the balance in the Land account at the end of the year to $1,500. Hsu also recognized a $700 gain on the sale of land on its current year income statement. What is the effect of this sale on the company's statement of cash flows assuming that Hsu Corporation made no land purchases during the year?

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