Mr. S, an inexperienced accountant is employed by Company K, was provided with following activities: Produced goods worth $260,000. Purchased raw materials worth $270,000. Acquired patent for the product by paying $48,000. Paid $52,000 to four sales representatives as 'Commission' for selling their products. If Mr. S was wrong, which of the following activity he might select under 'Operating activity' in preparation cash flow statement? Acquired patent for the product by paying $48,000. Paid $52,000 to four sales representatives as 'Commission' for selling their products. If Mr. S was wrong, which of the following activit he might select under 'Operating activity' in preparation cash flow statement? Produced goods worth $260,000. Acquired patent for the product by paying $48,000. All activities have to be selected under operating activities