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Doc Corporation purchased land for $325,000. Later in the year, the company sold a different...

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Accounting

Doc Corporation purchased land for $325,000. Later in the year, the company sold a different piece of land with a book value of $465,000 for $420,000. Using the indirect method, how are these transactions reported on the statement of cash flows?
an increase of $325,000 from investing activities, a decrease of $420,000 from investing activities, and a deduction to net income of $45,000 in the operating activities section
a decrease of $325,000 from investing activities, and increase of $420,000 from financing activities, and an increase of $465,000 in investing activities
a decrease of $325,000 from investing activities, an increase of $420,000 from investing activities, and an addition to net income of $45,000 in the operating activities section
a decrease of $325,000 from investing activities, and an increase of $420,000 from investing activities
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