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Question 2. Consider the provided information for vy C Carmakntion. Additional Information: - Land was sold with an original cost of $5,000. - Additional land

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Question 2. Consider the provided information for vy C Carmakntion. Additional Information: - Land was sold with an original cost of $5,000. - Additional land was purchased for $8,000, however, it was paid for using an exchange for a note payable. - All new equipment was purchased for cash. A. Prepare a cash flow statement using the indirect method. (10 marks) B. Prepare the operating activities section of the cash flow statement using the direct method

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