Reporting Land Acquisition for Cash and Mortgage Note on Statement of Cash Flows

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

237,400

Feb.

10

Purchased for cash

358,500

595,900

Nov.

20

Purchased with long-term mortgage note

482,700

1,078,600

Item	Section of Statement of Cash Flows	Added or Deducted	Amount
Purchase of land for cash	Investing activities section	Deducted	$fill in the blank 3
Purchase of land by issuing long-term mortgage note	Separate schedule	Report only	$fill in the blank 6