It is correct

grad

to say that Cold Goose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual\ contribution to retained earnings,

$869,437

and

$1,133,180

, respectively. This is because\ of the items reported in the income\ statement involve payments and receipts of cash.

- It is to say that Cold Goose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $869,437 and $1,133,180, respectively. This is because of the items reported in the income statement involve payments and receipts of cash