The comparative balance sheet for Long Company as of December 31, 2022 and 2021, is shown below, followed by the condensed income statement.

LONG COMPANY Comparative Balance Sheet December 31, 2022 and 2021
Assets	2022				2021
Cash	$	112,275			$	55,850
Accounts Receivable (Net)		86,400				67,450
Merchandise Inventory		83,250				74,400
Prepaid Rent		5,900				4,700
Land		99,000				27,000
Property, Plant, and Equipment		191,000				223,000
Less: Accumulated DepreciationPPE		(19,700	)			(22,300	)
Investment in TVA Bonds		30,000				54,000
Total Assets	$	588,125			$	484,100
Liabilities and Stockholders' Equity
Liabilities
Accounts Payable		66,700				87,200
Income Taxes Payable		9,450				9,900
Bonds Payable		148,000				104,000
Total Liabilities	$	224,150			$	201,100
Stockholders' Equity
Common Stock		106,000				79,000
Retained Earnings		257,975				204,000
Total Stockholders' Equity	$	363,975			$	283,000
Total Liabilities and Stockholders' Equity	$	588,125			$	484,100

LONG COMPANY Condensed Income Statement Year Ended December 31, 2022
Revenues	$	813,000
Costs and Expenses
Cost of Goods Sold		476,750
Depreciation Expense		9,400
Selling and Administrative Expenses		198,650
Interest Expense		18,900
Loss on Sale of Equipment		17,000
Income Taxes Expense		25,325
Total Costs and Expenses	$	746,025
Net Income After Income Taxes	$	66,975

Additional information for the year follows:

Acquired land at a cost of $72,000; paid one-half of the purchase price in cash and issued common stock for the balance.

Sold used equipment for $24,000 in cash. The original cost was $53,000; depreciation of $12,000 had been taken. The remaining change in the Property, Plant, and Equipment account represents a purchase of equipment for cash. Total depreciation expense for the year was $9,400.

Issued bonds payable at par value for cash.

Sold bond investments costing $24,000 at no gain or loss during the year.

Paid $22,000 cash dividends on the common stock.

Required:

Prepare a statement of cash flows for 2022. Analyze:

By what percentage did Cash increase from January 1 to December 31?