Which one of the following statements is false?

		The statement of cash flows reports the cash receipts and cash payments of an entity over a period of time.
		Both the statement of cash flows and the income statement determine the net income for a company.
		Transactions affecting the sale and the purchase or production of goods and services are reported in the operating activities section of the statement of cash flows.
		Investing activities in the statement of cash flows include acquiring and selling longterm assets.