The financial statement that reports an entity's cash receipts and cash payments during the period is the O A. cash flow statement O B. statement of income O C. statement of financial position OD. statement of retained earings Activities affecting long-term assets are referred to as O A. financing activities O B. operating activities O C. investing activities OD. capital activities Which of the following describes the investing activities as shown in the cash flow statement? O A. shows the beginning and ending balance of cash O B. includes increases and decreases in long-term assets O C. includes transactions that primarily impact current assets and current liabilities O D. includes transactions affecting the capitalization of the business Crystal Corporation had beginning property, plant, and equipment (PPE) of 5427 500 and an ending balance of 579. 300. Whereas the accumulated amortization had a beginning balance of $123.000 and an ending balance of 5141,300 The Income statement reported amortization expense of 538,700 and again from the sale of PPE of 54.700 for the year. Crystal Corporation acquired 5275,000 of PPE during the year, paying with a note payable. The cash received from the sale and reported on the cash flow statement is O A $107.500 OB. $120.000 OC. $105.000 OD 5123 200