Zion Company purchased land from Arches Inc. for $3 million. Argon Labs sold $1 million of lab equipment to Xenon Tech. What would happen in this situation with regard to preparing the statement of cash flows? Select answer from the options below All companies would report these cash flows as operating activities. Zion and Arches would report their cash flows as investing activities, while Argon and Xenon would report their cash flows as operating activities. Arches and Argon would report their cash flows as operating activities, while Zion and Xenon would report their cash flows as investing activities. All companies would report these cash flows as investing activities