Question: A company's comparative balance sheet shows $ 2 , 7 0 0 in prepaid expenses for 2 0 2 4 and $ 1 , 7

A company's comparative balance sheet shows $2,700 in prepaid expenses for 2024 and $1,700 for 2023. On the statement of cash flows (indirect method) this change would be presented as:
Question 7 options:
$1,000 decrease in cash, in the Operating Activities section
$1,000 decrease in cash, in the Financing Activities section
$1,000 increase in cash, in the Operating Activities section
$1,000 increase in cash, in the Financing Activities section

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