On the basis of the dans le ACCOUNT NO ACCOUNT Land Balance Debit Credit Debit Item Credit Date Jan. 1 Mar 12 Balance Purchased for cash Sold for $172,000 312,000 1,000,000 1,320,000 1,173,000 147,000 Oct 4 Amount Section of Statement of Cash Flows Added or Deducted Item Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Gain on sale of fixed asset (assume the indirect method) Reporting Land On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flows: ACCOUNT Land ACCOUNT NO Item Date Debit Credit Balance Debit Credit 1,000,000 1.320,000 1,173,000 ETAL.. Jan 1 Mar 12 Oct 4 Balance Purchased for cash Sold for $172,000 312,000 147.000 Section of Statement of Cash Flows Added or Deducted Amount Trem Mar. 12: Purchase of feed asset Ost. 4: Sale of fixed asset Gain on sale offwed asset (assume the Indirect method)