Question 2 (1 point) Saved Cost-volume-profit analysis includes all of the following assumptions except: (choose Changes in activity are the only factors that affect costs Y The behaviour of costs is curvilinear throughout the relevant rang All units produced are sold All costs can be classified as either variable or fixed GULSLUIT 10 purea) Below is partial information from the financial statements for Nova Contracting Ltd.: Condensed Income Statement for the year ended December 31, 2019: Sales Revenue $ 800,000 Operating Expenses 250,000 Profit from operations 550,000 Income tax expense 150.000 Net profit $ 400,000 Partial Balance Sheet at December 31: 2019 2018 Accounts receivable $150.000 $60,000 Accrued expenses payable 50,000 69,000 Income taxes payable 25,000 32,000 *Note: Accrued Expenses Payable relates to Operating Expenses Required: 1. Calculate cash receipts from customers for 2019 (3 marks) 2. Calculate cash payments for operating expenses for 2019 (3 marks) .. . i nnen in wonload