Land costing $68,300 was sold for $99,100 cash. the gain on the sale was reported on the income statement as other revenue. on the statement of cash flows, what amount should be reported as an investing activity from the sale of land?

$99,100

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The cash flow statement records only cash receipts and cash payments. So, only $99,100 would be considered in the investing activity