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Comparative statements of financial position for Anders Inc, appear below: ANDERS INC. Comparative Statements of Financial Position Assets Cash. Dec 31, 2022 $ 29,000 Accounts

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Comparative statements of financial position for Anders Inc, appear below: ANDERS INC. Comparative Statements of Financial Position Assets Cash. Dec 31, 2022 $ 29,000 Accounts receivable, Prepaid expenses Inventory.... Long-term investments. Equipment..... Accumulated depreciation--equipment... Total assets. 28,000 9,000 37,000 0 Dec 31, 2021 $10,000 19,000 12,000 54,000 53,000 48,000 (22,000) $174.000 110,000 _(26,000) $187.000 Liabilities and Shareholders' Equity. $ 21.000 Accounts pavable S9nnn Total assets $187.000 $174.000 Liabilities and Shareholders Equity Accounts payable $ 21,000 $ 9,000 Mortgage payable 37,000 45.000 Common shares 40,000 23,000 Retained earnings 89.000 97.000 Total liabilities and shareholders' equity. $187.000 $174.000 1 Additional information regarding fiscal 2022: Net income for the year was $27,000 2. Cash dividends of $35,000 were declared and paid during the year. 3. Long term investments with a carrying amount of $53,000 were sold for 548,000 cash. Instructions What is the net increase in cash for the year ended December 31, 2020? Using the indirect method, prepare in good form, the financing activities of the statement of cash flows for the year ended December 31, 2022

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