Lindsay Ltd. reflected the following items in the 20X5 financial statements:

Income statement

Depreciation expense, machinery .........................................$1,200,000

Amortization expense, patent ................................................     240,000

Loss on sale of machinery ......................................................     100,000

Gain on sale of land ................................................................     120,000

Balance sheet

Decrease in land account ...................................................... $1,600,000

Increase in net patent account .............................................      260,000

Decrease in net machinery account ....................................    1,824,000

The only entry through the land account was a sale of land. The other accounts may reflect more than one transaction.

Required:
List the items that would appear on the statement of cash flows as a result of the above items. Indicate in which section each item would appear. Assume that the indirect method is used for the operating activities section. State any assumptions that you make.