Use the following to answer questions 56-59: For each of the following transactions, indicate where, if at all, it would be classified on the statement of cash flows. Assume the indirect method is used. 56. Purchased land for cash. A) Does not represent a cash flow B) Operating activities section C) Financing activities section D) Investing activities section 57. Paid income taxes. A) Investing activities section B) Does not represent a cash flow C) Financing activities section D) Operating activities section 58. Purchased land and building with a mortgage. A) Financing activities section B) Investing activities section C) Does not represent a cash flow D) Operating activities section 59. Issued common stock for cash. A) Financing activities section B) Investing activities section C) Does not represent a cash flow D) Operating activities