Use the following excerpt from the ABC Company statement of cash flows to answer questions 18 through 21 regarding an analysis of the cash from operating activity section. Which of the following statements is true with regard to ABC Company? ABC Company has been purchasing inventories in both 2016 and 2015 which has resulted in less cash from operating activities. ABC Company was unable to sell off inventories in 2014. The inventories account on the balance sheet is negative in 2016 and 2015, but positive in 2014. ABC Company has less cash in 2014 as a result of purchasing more inventories