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. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 1,290,000 Mar. 12 Purchased for cash 413,000 1,703,000 Oct. 4 Sold for $226,000 194,000 1,509,000 Item Section of Statement of Cash Flows Added or Deducted Amount Mar. 12: Purchase of fixed asset Investing activities section Financing activities section Investing activities section Operating activities section Not on statement Deducted Added Deducted Not applicable $ Oct. 4: Sale of fixed asset Investing activities section Financing activities section Investing activities section Operating activities section Not on statement Added Added Deducted Not applicable $ Gain on sale of fixed asset (assume the indirect method) Operating activities section Financing activities section Investing activities section Operating activities section Not on statement Deducted Added Deducted Not applicable $