QUESTION 1 The sale of land at a gain would be shown on the statement of cash flows prepared under the indirect method in which of the following manners? The cash received would be shown O As an adjustment to net income and the gain would not appear on the statement of cash fows O Under Investing Activities and the gain would not appoar on the statoment of cash flows O Under Investing Activities and the gain would be added to net income. O Under Investing Activities and the gain would be deducted from net income