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Balance sheet data for Kilroy Company for 2022 appears below: January_1,_2022 December31,_2022 ASSETS Cash Accounts receivable Inventory Land 22,000 63,000 78,000 56,000 33,000 51,000 89,000
Balance sheet data for Kilroy Company for 2022 appears below: January_1,_2022 December31,_2022 ASSETS Cash Accounts receivable Inventory Land 22,000 63,000 78,000 56,000 33,000 51,000 89,000 71,000 LIABILITIES + EQUITY Accounts payable Income taxes payable Notes payable Common stock Retained earnings 33,000 17,000 79,000 61,000 29,000 24,000 26,000 67,000 84,000 43,000 Kilroy Company's 2022 income statement is given below: Sales revenue Cost of goods sold Loss on sale of land Income tax expense Net income 246,000 195,000 16,000 14,000 21,000 Kilroy Company purchased land for $69,000 cash in 2022. Calculate the amount of cash received from the sale of land reported by Kilroy Company in its 2022 statement of cash flows
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