Exercise $1-22$A $($Algo$)$ Preparing financial statements$$cash flow emphasis LO $1-7,1-8$

As of January $1,$ Year $2,$ Room Designs, Incorporated had a balance of $$3,500$ in Cash; $$2,000$ in Common Stock, and $$1,500$ in Retained Earnings. These were the only accounts with balances in the ledger on January $1,$ Year $2.$ Further analysis of the company$$s cash account indicated that during the Year $2$ accounting period, the company had

net cash inflow from operating activities of $$4,600$

net cash outflow for investing activities of $$13,000$

net cash inflow from financing activities of $$6,600$

All revenue and expense events were cash events. The following accounts and balances represent the general ledger of Room Designs, Incorporated as of December $31,$ Year $2,$ before closing.