Reporting Land Transactions 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 Jan. Balance Mar. 12Purchased for cash 425,000 Oct. 4Sold for $233,000 DebitCredit Item Debit Credit 1,249,000 1,674,000 200,0001,474,000 Section of Statement of Item Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Gain on sale of fixed asset (assume the indirect method) Added or Deducted Cash Flows Amount Section of Statement of Cash Flows Adc Financing activities section Investing activities section Operating activities section Not on statement