Based on this information, which of the following describes the combined effects of both events on the amounts of total assets, net income, and cash flows from operating activities shown on the Year 1 financial statements? Cash Flow from Total Assets Net Income Operating Activities A $ 1,000 $ 1,000 0 B $10,000 $ 1,000 C $10,000 $ 1,000 $1,000 D $10,000 $10,000 $1,000