The following information is available for Blossom Company for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable decrease Inventory decrease Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable decrease Cash used to purchase land Cash used to redeem bonds Cash received from issuing stock $ 32,400 7.695 55,350 6,480 4.185 77,220 140.400 51,300 5.265 109,350 89.100 216,000 The following information is available for Blossom Company for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable decrease Inventory decrease Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable decrease Cash used to purchase land Cash used to redeem bonds Cash received from issuing stock $ 32,400 7.695 55,350 6,480 4.185 77,220 140.400 51,300 5.265 109,350 89.100 216,000