During Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its owners. Based on this information alone, which of the following is not correct?
A. Net income amounted to $350.
B. Cash inflow from operating activities was $200.
C. Cash inflow from operating activities was $350.
D. Total assets increased by $200.
Answer: B
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