Which of the following statements is false?

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

(b) A balance sheet reports the assets, liabilities, and stockholders’ equity at a specific date.

(c) An income statement presents the revenues, expenses, changes in stockholders’ equity, and resulting net income or net loss for a specific period of time.

(d) A retained earnings statement summarizes the changes in retained earnings for a specific period of time.