Which of the following statements is false?

A statement of cash flows summarizes information about the cash inflows $($receipts$)$ and outflows $($payments$)$ for a specific

period of time.

A balance sheet reports the assets, liabilities, and stockholders$$ equity at a specific date.

A statement of stockholders$$ equity summarizes the changes in stockholders$$ equity for a specific period of time.

An income statement represents the revenues, expenses, changes in stockholders$$ equity, and resulting net income or net

loss for a specific period of time