On January 1, Year 1, Zachary Company had a balance of $264,000 in its Land account. During Year 1, Zachary sold land that had cost $93,000 for $157,000 cash. The balance in the Land account on December 31, Year 1, was $285,000. Required a. Determine the cash outflow for the purchase of land during Year 1. b. Prepare the investing activities section of the Year 1 statement of cash flows. Complete this question by entering your answers in the tabs below. Required A Required B Determine the cash outflow for the purchase of ind during Year 1, Cash out for the purchase and Required Required B > On January 1, Year 1, Zachary Company had a balance of $264,000 in its Land account. During Year 1, Zachary sold land that had cost $93,000 for $157,000 cash. The balance in the Land account on December 31, Year 1, was $285,000. Required a. Determine the cash outflow for the purchase of land during Year 1. b. Prepare the investing activities section of the Year 1 statement of cash flows. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the investing activities section of the Year 1 statement of cash nows (Cash outflows should be indicated with minus sign.) Cash flow from investing activities Netcash flow from investing activities $ 0