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During Year 2. Chico Company earned $2.150 of cash revenue, paid $1,000 of cash expenses, and paid a $500 cash dividend to its owners. Based

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During Year 2. Chico Company earned $2.150 of cash revenue, paid $1,000 of cash expenses, and paid a $500 cash dividend to its owners. Based on this information alone, which of the following statements is not true? Multiple Choice Net income amounted to $1150 Total assets increased by $650 Cash inflow from operating activities was $4150 Cash outflow from financing activities was $650

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