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 N0. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 1,168,000 Mar. 12 Purchased for cash 385,000 1,553,000 Oct. Sold for $211,000 4 181,000 1,372,000 Section of Statement of Item Cash Flows Added or Deducted Amount Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Gain on sale of fixed asset (assume the indirect method) Date Item Debit Credit Debit Credit Jan. Balance 1,168,000 Mar. 12 Purchased for cash 385,000 1,553,000 4 Sold for $211,000 Oct. 181,000 1,372,000 Section of Statement of Item Cash Flows Added or Deducted Amount Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Financing activities section Gain on sale of fixed asset (assume the indirect method) Investing activities section Operating activities section Not on statement Section of Statement of Item Cash Flows Added or Deducted Amount Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Added Gain on sale of fixed asset (assume the indirect method) Deducted Not applicable Jan. 1 Balance 1,168,000 Mar. 12 Purchased for cash 385,000 1,553,000 Sold for $211,000 Oct. 181,000 1,372,000 Section of Statement of Cash Flows Added or Deducted Item Amount Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Gain on sale of fixed asset (assume the indirect method) Financing activities section Investing activities section Operating activities section Not on statement Section of Statement of Cash Flows Added or Deducted Amount Item Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Gain on sale of fixed asset (assume the indirect method) Added Deducted Not applicable