Multiple Choice Question 106 In Coronado Company, there was an increase in the land account during the year of $43000. Analysis reveals that the change resulted from a cash sale of land at cost $114600, and a cash purchase of land for $15 of cash flows, the change in the land account should be reported in the investment section: 7300. In the statement as a purchase of land $157300 and a sale of land $114600. only as a sale of land $114600. only as a purchase of land $157300. as a net purchase of land, $43000. O O