Consider the following statement of cash flows for GAP Company (One of the biggest retail stores in USA) $253,000 GAP Company Statement of Cash flow For the year ended Dec 31, 2021 Cash Flow from Operating Activity: Net Income Adjustments to reconcile net income to net cash provided from operating activities Depreciation & Amortization Loss on Sale of Equipment Changes in current assets and current liabilities Increase in Accounts Receivable Decrease in Prepaid Expenses Decrease in Accounts Payable Net Cash provided from operating activities $69,300 $16,500 ($23,100) $3,600 ($30,800) $288,500 Cash Flow from Investing Activity: Capital Expenditure Proceed from sale of equipment Ner Cash provided from investing activities ($330,000) $48,000 (5282,000) Cash Flow from financing Activity: Proceeds from issuance of Long Term Debt Dividends Paid Net Cash provided from investing activities Net Change in Cash $260,000 ($121,000) $139,000 $145,500 3. While analyzing the cash flow statement of GAP company for the year 2021, you concluded that: A) The company generated 48.3% of cash from operation activities, 43.5% from borrowing for Long term. O B) The Company has spent most the cash generated (around 73 1%) on the purchases of property, plant and equipment to expand business C) The company was not able to reduce its debt but was able to pay dividends to shareholders. OD) All of the above E) None of the above