Company F
Company F Reported the Following Information -Refer to the Figure Company F

Company F
Company F reported the following information:
$\begin{array}{lrr}&\text { Year } 2&\text { Year } 1\\\text { Land } & \$ 350,000 & \$ 100,000 \\\text { Common shares } & 450.000 & 200.000\end{array}$
-Refer to the figure Company F.An analysis of records indicated that there were no cash flow effects resulting from the changes in the two accounts presented in the figure.How should the changes in these accounts be reported on a statement of cash flows?

A) The company should report $250,000 for the sale of land as an investing activity and $250,000 for the issuance of shares as a financing activity.
B) The company should report $250,000 as noncash investing and financing activities for the acquisition of land by the issuance of common shares.
C) The company should report the issuance of common shares to acquire land in the financing activity section with a net cash flow effect of zero.
D) The company should report the acquisition of land by the issuance of common shares in the investing activities section with a net cash flow effect of zero.