Question 10 of 10 - / 1 The following statement of cash flows was prepared for Yoga Industries Ltd. for the year ending November 30, 2022. Indicate which of the lines of the statement of cash flows are incorrect. Note: errors may relate to terminology, format, or calculations. a. Yoga Industries Ltd. Correct b. Statement of Cash Flows Correct C. November 30, 2022 Incorrect d. Operating activities Incorrect e. Net income $98,000 Incorrect f. Adjustments to reconcile net income to net cash provided (used) by operating activities Depreciation expense 8 $4,200 h. Decrease in accounts receivable 7,400 i. Increase in inventory (4,000) j. Increase in accounts payable (2,500) Question 10 of 10 - 71 j. Increase in accounts payable (2,500) k. Decrease in income tax payable 1.800 6,900 I. Net cash provided by operating activities 104,900 m. Investing activities n. Loss on disposal of equipment 3,500 0. Purchase of equipment (12,500) p. Proceeds from disposal of equipment 11,000 a. Net cash provided by investing activities 2,000 Financing activities S. Repayment of mortgage payable (27,800) t. Issue of common shares 5,000 u. Payment of cash dividend 7,800 Question 10 of 10 -/1 a. Net cash provided by investing activities 2.000 Financing activities s. Repayment of mortgage payable (27,800) t. Issue of common shares 5.000 u. Payment of cash dividend 7,800 v. Net cash used by financing activities (15,000) W. Net increase in cash 91,900 X. Cash, December 1 37,500 y. Cash, December 31 $129,400 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit