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	$	111,875			$	53,250
Accounts Receivable (Net)		86,000				67,250
Merchandise Inventory		82,650				74,000
Prepaid Rent		5,500				4,500
Land		85,000				25,000
Property, Plant, and Equipment		189,000				219,000
Less: Accumulated DepreciationPPE		(20,900	)			(21,900	)
Investment in TVA Bonds		30,000				50,000
Total Assets	$	569,125			$	471,100
Liabilities and Stockholders' Equity
Liabilities
Accounts Payable		66,300				86,600
Income Taxes Payable		9,250				9,500
Bonds Payable		140,000				100,000
Total Liabilities	$	215,550			$	196,100
Stockholders' Equity
Common Stock		100,000				75,000
Retained Earnings		253,575				200,000
Total Stockholders' Equity	$	353,575			$	275,000
Total Liabilities and Stockholders' Equity	$	569,125			$	471,100

LONG COMPANY Condensed Income Statement Year Ended December 31, 2022
Revenues	$	809,000
Costs and Expenses
Cost of Goods Sold		475,750
Depreciation Expense		9,000
Selling and Administrative Expenses		197,650
Interest Expense		18,500
Loss on Sale of Equipment		15,000
Income Taxes Expense		24,525
Total Costs and Expenses	$	740,425
Net Income After Income Taxes	$	68,575

Additional information for the year follows:

Acquired land at a cost of $60,000; paid one-half of the purchase price in cash and issued common stock for the balance.

Sold used equipment for $20,000 in cash. The original cost was $45,000; depreciation of $10,000 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 $9,000.

Issued bonds payable at par value for cash.

Sold bond investments costing $20,000 at no gain or loss during the year.

Paid $20,000 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?