The following information is available for Kingbird, Inc. for the year ended December 31, 2022. Beginning cash balance $30,000 Accounts payable increase 7,125 Depreciation expense 51,250 Accounts receivable decrease 6,000 Inventory decrease 3,875 Net income 71,500 Cash received for sale of land at book value 130,000 Cash dividends paid 47,500 Income taxes payable decrease 4,875 Cash used to purchase land 101,250 Cash used to redeem bonds 82,500 Cash received from issuing stock 200,000