IS IT NET INCREASE IN CASH OR NET DECREASE IN CASH - MARK'S CONSULTING Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Cash received from services: $35,000 Cash paid for expenses: -$22,000 Net cash flow from operating activities: $13,000 Cash flows from investing activities: Cash paid for land purchase: -$30,000 Net cash flow from investing activities: -$30,000 Cash flows from financing activities: Cash from issuing common stock: $20,000 Cash borrowed from creditors: $25,000 Net cash flow from financing activities: $45,000 Net change in cash: $28,000 Ending cash balance: $28,000