For Scenic Industries, there was an increase in Cash from the first year to the next., What was the single biggest event that caused this?

Scenic Industries, Inc. Statement of Cash Flows For the Year ended December 31, 2013 $347.000 78,000 $269,000 Scenic Industries, Inc. Income Statement December 31, 2013 Sales revenue Cost of goods sold Gross profit Operating expenses: Salaries expense $26,500 Depreciation expense 4.900 Other operating expenses 12,500 Operating Income Other incomes and expenses: Gain on Sale of equipment $4,400 Interest expense 9,900 Income before taxes Income tax expense Net Income 43,900 $225,100 5,500 $219,600 (36,600) $183,000 Cash flows from operating activities: Net income 183,000.00 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Expense $ 4,900.00 Gain on Sales of Equipment $ (4.400.00) Increase in Accounts Recievable $ (3,000.00) Decrease in Inventory $ 7,300.00 Increase in Prepaid Insurance $ (500.00) Decrease in Accounts Payable $ (3,300.00) Decrease in Salaries Payable $ (4,500.00) Increase in Interest Payable 2,400.00 Incrase in Taxes Payable 5,300.00 Decrease in Other Acoureed Operating Expenses (3,300.00) Net cash provided by operating activities 183,900.00 1 Cash flows from investing activities: Purchase of Long-Term Investments $ (113,000.00) I Proceeds from Sales of Equipment $ 15,100.00 I Purchas of Equipment $ (29,700.00) Net cash used for investing activities $ (127,600.00) Page 2012 $23,500 29,100 93,300 2,800 $148,700 136,000 (27.100) $ $ $ Cash flows from financing activities: Principlay Payment on Bond Payable I Proceeds from Issuance of Common Stock I Cash paid for Dividends Net cash used for financing activities Increase in Cash Cash Balance, December 31, 2012 Cash balance, December 31, 2013 (35,000.00) 30,000.00 (24,800.00) $ $ $ $ (29,800.00) 26,500.00 23,500.00 50,000.00 $257,600 Scenic Industries, Inc. Balance Sheets For Years ended December 31, 2012 and 2013 Assets 2013 Current Assets: Cash and cash equivalents $50,000 Accounts receivable 32, 100 Inventory 86,000 Prepaid insurance 3,300 Total current assets: $171,400 Property, & equipment 153,000 Less: Accumulated depreciation (30,000) Investments 113,000 Total Assets $407,400 Liabilities Current Liabilities: Accounts payable (Inventory purchases) $33,200 Salaries payable 2,900 Interest payable 2,400 Taxes payable 5,300 Other aoorued operating expenses 18,800 Total current liabilities 62,600 Bonds Payable 78,000 Total Liabilities 140,600 Stockholders' Equity Common stock 107.000 Retained earnings 159,800 Total stockholders' equity 266,800 Total liabilites and equity $407,400 I $36,500 7,400 22,100 66,000 113,000 179,000 Page 4 77,000 1,600 78,600 $257,600