3) Given below are a firm's: (1) cash flows from operating activities section of its cash flow statement for a year, and (2) income statement for the year. $ 24,000 Partial Cash Flow Statement Cash Flows from Operating Activities Net income.... Adjustments to reconcile income to operating cash flow: Depreciation Decrease in accounts receivable Incrcase in inventory Increase in accounts payable Increase in wages payable Decrease in income taxes payable Total adjustments Net cash provided by operating activities $ 12,000 3,800 (4,000) 6,900 900 (600) 19.000 $ 43,000 Income Statement $ 328,000 Sales Expenses Cost of goods sold Wage expense Depreciation Other expenses Income before taxes Income taxes Net income $ 193,000 62,000 12,000 25,000 292,000 36,000 12.000 $ 24,000 All inventory purchases and other expenses were incurred on account. Indicate whether the following statements are "True, or "False, by circling your answers below (cach answer is worth 2 points): A) TF Cash collected from customers during the year amounted to $324,200. B) TF Cash paid to suppliers of goods and services (excluding wage payments) during the year amounted to $215.100. C) T Cash paid to employees for wages during the year amounted to $61,100. D) TF Income tax payments during the year amounted to $11.400. E) TF Cash received from depreciation during the year amounted to $12,000. F