In preparing a statement of cash flows, the net movement of loans and repayments are reported as a financing activity. the issue of shares to acquire land are reported as financing and investing, respectively. an increase in the Common Shares account during a period would be classified as an investing activity. the issue of debt should be reported separately from the retirement of debt. If a company has both a receipt and payment of cash related to the acquisition of equipment for $14500 cash and the sale of machinery for $11300 cash, the two cash effects can be netted and presented as one item in financing activities. two cash effects can be netted and presented as one item in investing activities. cash receipt from the sale and cash payment for the acquisition should be reported separately in investing activities. cash receipt and cash payment should be reported separately in financing activities, If again of $30700 is incurred in selling (for cash) office equipment that cost $116000 and had accumulated depreciation of $40500, the total amount reported in investing activities is U $146700 $125800 $106200 $85300. M Land costing $65200 was sold for $126500 cash. The gain on the sale was reported on the statement of income as an operating expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of the land? $126500 $3900 O $65200 $61300