Lamar Corporation purchased land for $154,000. Later in the year, the company sold land with a book value of $188,000 for $211,000. Show how the effects of these transactions are reported on the statement of cash flows using the indirect method. Transaction Amount Increase or Decrease Statement of Cash Flows Section Gain on sale of land Decrease Operating Cash received for sale of land Increase Investing Cash paid for purchase of land Decrease Investing