Which of the following statements is false?

Group of answer choices

Whether a company increases its cash balance by borrowing money, or collecting it from customers, the resulting transaction will generally be considered good cash flow.

The cash flow statement is comprised of three main categories of cash flows, including the operating, investing, and financing categories.

One main difference between the cash flow statement and the income statement is the timing of when the transactions are recorded.

Revenue that has been earned, but not received from the customers will show up on the income statement, but not the cash flow statement.

A machine with a cost of $198,000 and accumulated depreciation of $98,000 is sold for $97,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is ___________.

Group of answer choices

Zero. This is in the footnotes.

$97,000

Zero. This is in the operating activities.

$100,000

investing activities include _________.

Group of answer choices

changes in current assets that involve cash

changes in equity that involve cash

changes in current liabilities that involve cash

changes in long-term assets that involve cash

A companys income statement showed the following: net income, $183,000; depreciation expense, $24,000; and gain on sale of plant assets, $8,500. An examination of the companys current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $14,000; merchandise inventory increased $18,500; prepaid expenses increased $9,600; accounts payable increased $6,900. Calculate the net cash provided or used by operating activities.

Group of answer choices

$228,300.

$210,500.

$177,500.

$191,300.