can you give me the answer and explain why?also can you explain why A is incorrect. thx

27. What statement(s) is/are correct concerning the Income Statement? The net income reported on the Income Statement usually equals the same net amount of operating cash flow for the period if the company uses the accrual basis of accounting The Income Statement must be prepared first in order to include the net income for the period when updating the retained earnings account at the end of the period. The income statement would include any dividend revenue earned from the purchase and ownership interest in a corporation that paid a dividend. The Income Statement is used for forecasting the long-term solvency of a company. Both B. and C. are correct