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Item 15

Item 15 Part 5 of 7 10 points

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[The following information applies to the questions displayed below.]

Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available:

Accounts Payable	$	32,100
Accounts Receivable		9,550
Cash		13,300
Common Stock		59,090
Dividends		1,950
Equipment		86,000
Notes Payable		1,160
Operating Expenses		58,700
Other Expenses		7,850
Sales Revenue		90,000
Supplies		5,000

1. 2-a. By how much did cash increase (decrease)?