22. Use the following information and the indirect method to calculate the net cash provided or used by operating activities:

Net income	$	87,300
Depreciation expense		14,000
Gain on sale of land		6,300
Increase in merchandise inventory		4,050
Increase in accounts payable		8,150

22B. Alvez reports net income of $340,000 for the year ended December 31. It also reports $111,900 depreciation expense and a $12,100 loss on the sale of equipment. Its comparative balance sheet reveals a $48,600 increase in accounts receivable, a $12,300 decrease in prepaid expenses, a $18,700 increase in accounts payable, a $15,300 decrease in wages payable, a $90,400 increase in equipment, and a $121,000 decrease in notes payable. Calculate the net increase in cash for the year.

22C.On February 15, Jewel Company buys 6,500 shares of Marcelo Corp. common stock at $28.93 per share plus a brokerage fee of $450. The stock is classified as available-for-sale securities. This is the companys first and only investment in available-for-sale securities. On March 15, Marcelo Corp. declares a dividend of $1.25 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 15 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year for $29.20 per share less a brokerage fee of $300. The balance in the investment account on April 16 is: