This is the cash flow statement of Company I, a profitable company. COMPANY I STATEMENT OF CASH FLOWS OPERATING ACTIVITIES Net Income $150,000 Depreciation 20,000 Change in Accounts Receivable (105,000) Change in Inventory (80,000) Change in Other Current Assets (22,000) Change in Accounts Payable 70,000 Change in Accruals 45,000 CASH FLOW FROM OPERATIONS 78,000 INVESTING ACTIVITIES P, P, & E Purchases (150,000) Disposal of P, P, & E - CASH FLOW FROM INVESTING (150,000) FINANCING ACTIVITIES Sale of capital stock 120,000 Repurchase of capital stock (26,000) Change in Borrowings 30,000 Payment of Dividends (18,000) CASH FLOW FROM FINANCING 106,000 NET CHANGE IN CASH $34,000 Which of the options provided is NOT true regarding Company I? Company I has positive cash flows from operations because it generates enough cash from operations to cover its regular operating expenses. Company I has negative cash flows from investing because it is disposing of PP&E during the profitable stage. Company I has positive cash flows from financing because cash generated in operations is not sufficient to support its growth