The following are several items involving Tejera Company's cash flow activities: Net income, $60,400 Receipt from issuance of common stock, $32,000 Payment for purchase of equipment, $41,500 Payment for purchase of land, $19,600 Depreciation expense, $20,500 Patent amortization expense, $1,200 Payment of dividends, $21,000 Decrease in salaries payable, $2,600 Increase in accounts receivable, $10,300 Beginning cash balance, $30,700