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:

$\backslash$table$[[$ACCOUNT Land,ACCOUNT NO$.],[$Date$,$Item,Debit,Credit,$\backslash$table$[[$Balance$],[$Debit$]],\backslash$table$[[$Balance$],[$Credit$]]],[$January $1,$Balance,$=,,1,111,000,],[$March $12,$Purchased for cash,$378,000,,1,489,000,],[$October $4,$Sold for $$208,000,,178,000,1,311,000,]]$

Section of Statement of

Item

Cash Flows

Added or Deducted

Amount

March $12$: Purchase of fixed asset

October $4$: Sale of fixed asset

Investing activitres section

Deducted

$

Gain on sale of fixed asset $($assume the indirect method$)$

Investing activities section

$$

Deducted

$

Operating activities section

Deducted

$

Feedback

Check My Work

Keep in mind that you are trying to determine what affect these transactions have on cash. What financial statement would the gain on the sale of fixed asset be reported on$?$ What affect did the gain have on this financial statement? Based on your answer what would have to be done with the gain on the statement of cash flows?M