Cost of the Asset$100,000

Cost of the asset$100,000
Life of the asset 5 years
Depreciation rate20%
Capital cost allowance rate 50%
Residual value of the asset nil
Income tax rate 50%
-What two items are linked by the statement of changes in equity?

A) the statement of income and the statement of financial position
B) the trial balance and the statement of income
C) the statement of income and the statement of cash flows
D) the statement of financial position and the statement of cash flows