Waldo-Watson Company provides the following comparative balance sheets for 2021 and 2020: 2021 2020 ASSETS Cash $ 7,350 $ 4,200 Accounts receivable 2,500 2,200 Inventory 4,000 3,000 Prepaid rent 150 300 Plant and equipment 14,500 10,000 Less. Accumulated depreciation (5,100) (4,500) $ 23,400 $ 15,200 Total Assets LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable Interest payable Unearned service revenue Income taxes payable Loan payable (Due 12/31/2023) Common Stock Retained Earnings Total Liabilities and shareholders' equity $ 1,400 100 800 550 5,000 5,000 10,550 $ 23,400 $ 2.100 0 600 800 0 9,000 2,700 $ 15200 Based on the above information for Waldo-Watson Company, respond to the following What is the increase or decrease in cash that the statement of cash flows for Waldo-Watson Company should explain and where is it located on the comparative balance sheet above? Be specific Without further information, identify transactions (along with S-amounts) that would be classified as cash flow items under 1. Investing Activities 2. Financing Activities