(1) Borrowed $4,000 cash. (2) Earned $5,000 of cash revenue. (3) Paid $3,000 of cash expenses. (4) Paid $7,000 cash to purchase land At the end of Year 1 Bowers Company had $6,000 of assets, $2,000 of liabilities, $3,000 of common stock, and $1,000 of Bowers experienced the following events. Based on this information, the amount of net income, cash flow from investing activities, and total liabilities appearing on the Year 2 financial Cash Flow from Investing Net Income $2,000 Activities $7,000 $5,000 Zero $2,000 $8,000 $2,000 ($7,000) A. B. C. D. Total Liabilities $2,000 $4,000 Zero $6,000