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The acquisition of land by issuing common shares is a cash transaction and would be reported in the body of a statement of cash flows.

The acquisition of land by issuing common shares is

a cash transaction and would be reported in the body of a statement of cash flows.

only reported if the statement of cash flows is prepared using the direct method.

a noncash transaction but would be reported in the body of a statement of cash flows.

a noncash transaction that is not reported in the body of a statement of cash flows.

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