Technologies Worldwide purchased land for $$850,000$ in $2023$ with the intent to expand operations. In $2024,$ the company decides the land is no longer needed, and the land is sold for $$900,000.$

Required:

$1.$ Determine the investing cash flows to be reported in $2024.$

$2.$ Determine the investing cash flows to be reported in $2024$ if the land was purchased in $2023$ for $$950,000.$