Tryout Corporation's Balance in Its Land Account, Which Represented One

Multiple Choice

Tryout Corporation's balance in its land account, which represented one piece of land, was $100,000. During the year, the piece of land was sold for $165,000. The amount reported in the operating activities section of the statement of cash flows, using the indirect method, would be a(n) :

A) $100,000 increase to net income.
B) $165,000 decrease to net income.
C) $ 65,000 increase to net income.
D) $ 65,000 decrease to net income.