A Business Bought Some Land for Future Expansion at a Cost

Multiple Choice

A business bought some land for future expansion at a cost of $100,000 and paid for it in full by issuing additional shares of capital stock. of the cash flow statement?

A) It will not be reported in either the investing activities or the financing activities section.
B) Only in the financing activities section.
C) In both the investing activities and financing activities sections.
D) Only in the investing activities section.