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The accounting analyst for Rosa's Caf has completed computing the following for the entity's statement of cash flows for the year ended December 31,
The accounting analyst for Rosa's Caf has completed computing the following for the entity's statement of cash flows for the year ended December 31, 2022: Cash flows from operating activities Cash flows used in investing activities Cash flows--financing activities $6,100 $(22,000) Not yet completed The following is select data of which the analyst may use all or in part for financing activities. Issuance of stock for $20,000 Increase in accounts payable of $1,200 . Issuance of a 5-year note payable for $3,000 Paid note payable of $10,000 The company plans to pay cash dividends of $15,000 in September of 2023. What is the net increase or decrease in cash for Rosa's after computing cash flows in financing activities for the company's statement of cash flows for the year ended 12/31/2022? ($17,900) $2,900 ($7,900) ($2.900)
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