Additional information: 1. Operating expenses include depreciation expense of $112,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $238,000 were declared and paid in 2022. 4. Equipment with a cost of $464,800 wes purchased for cash. Equipment with a cost of $142,800 and a bookvalue of $100,800 Was sold for $95,200 cash 5. Bonds of $140,000 were redeemedat their face value for cash 6. Common stock ( $1 par) of $476,000 was issued for cash. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to Blossom Company reported the following information for 2022