Below is Bonza Ltd's income statement and two balance sheets: Bonza Ltd Balance Sheet as at 30th June 2021 $m Bonza Ltd Income Statement for year ending 30th June 2021 $m Sales 800 COGS 530 Depreciation 40 Rent expense 12 Interest expense Taxable income 210 Tax at 30% 63 Net income 147 Inventory Trade Debtors Office Supplies PPE Total assets 60 20 8 450 538 2020 $m 40 18 9 510 577 8 |: 013 Trade Creditors Bond liabilities Contributed equity Retained profits Total Land OE 10 300 150 78 538 6 300 150 121 577 Which of the following statements about the financial year from 30 June 2020 to 30 June 2021 is NOT correct? O a. The increase in net working capital (ANWC) was $17m. O b. PPE represents the book value of fixed assets net of accumulated depreciation. Oc. Net capital expenditure (CapEx) was $-20m. O d. Net capital expenditure was negative because in net terms, more property, plant and equipment (PPE) was bought rather than sold. O e. Firm free cash flow (FFCF or Cash flow from assets CFFA) was $198m