Which of the following is an error on the above statement of cash flows for The Waterford Corporation?

Group of answer choices

A. there cannot be a net decrease in cash from one year to the next

B. a corporation cannot issue common stock

C. income tax expense is missing

D. the time frame associated with the financial statement

The Waterford Corporation Statement of Cash Flows As of December 31, 2019 Cash flows from operating activities: Net income $75,634 Adjustments to reconcile net income to net cash flows from operating activities: \begin{tabular}{lr} Depreciation expense & $(4,056) \\ Increase in accounts receivable & (11,885) \\ Increase in inventory & (15,238) \\ Increase in accounts payable & 7,850 \\ Increase in notes payable & 2,750 \\ Increase in taxes payable & 5,500 \\ \hline \end{tabular} Net cash flows from operating activities 60,555(15,079) Cash flows from investing activities: Purchase of building (155,000) Net cash flows from investing activities (155,000) Cash flows from financing activities