Which of the following is an example of a noncash activity? Sale of land for less than its cost. Purchase of land by issuing debt. Sale of land for more than its cost. Purchase of land using cash proceeds from isuance of common stock. QUESTION 19 In preparing a statement of cash flows under the indirect method, a decrease in accounts receivable would be reported or included as a(n): Addition to net income in the operating activities section. Deduction from net incorne in the operating activities section. Financing activity, investing activity