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Carla Vista Corporation had the following transactions. 1. Sold land (cost $12,600) for $15,900. 2....

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Carla Vista Corporation had the following transactions. 1. Sold land (cost $12,600) for $15,900. 2. Issued common stock at par for $20,000. 3. Recorded depreciation on buildings for $17,600. 4. Paid salaries of $9,600. 5. Issued 700 shares of $1 par value common stock for equipment worth $5,600. 6. Sold equipment (cost $11,800, accumulated depreciation $8,260) for $1,416. For each transaction above, indicate how it would affect the statement of cash flows using the indirect method. (Do not leave any answer field blank. If a transaction does not affect the cash flow, please enter Ofor the amount, "Not reported" and "Not Applicable" for the section.) Sr. No Reported/ Not Reported Transaction Amount Cash Flow Section 1. Proceeds from land sale Reported Gain on disposal of plant assets Reported Financing section Investing section Noncash Investing and Financing activity Not Applicable Operating section 2. Proceeds from stock issuance Reported 3. Depreciation expense Reported

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