The following information is available for Waterway Industries for the year ended December 31, 2022 Beginning cash balance $27,600 Accounts payable increase 6,555 Depreciation expense 47,150 Accounts receivable decrease 5,520 Inventory decrease3.565 Net income 65,780 Cash received for sale of land at book value 119,600 Cash dividends paid 43,700 Income taxes payable decrease 4,485 Cash used to purchase land 93,150 Cash used to redeem bonds 75,900 Cash received from issuing stock 184,000