QUESTION 8 Use the following information to answer the question: MM Stand Corporation's statement of cash flows for 2017 shows the following investing activities: Proceeds from the sale of marketable securities Purchase of land Proceeds from the sale of land Net cash provided by investing activities $160,000 (250,000) ||125,000 $35,000 MM Stand Corporation's income statement for 2017 includes the following: Loss on the sale of marketable securities Gain on the disposal of land $47,000 65,000 The cost of the land sold during 2017 was $65,000 $125,000 $190,000 $60,000