The following information is available for Splish Brothers Inc. for the year ended December 31, 2017. Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $47,835 3,933 172,206 8,717 11,693 301,998 37,205 12,756 4,996 307,207 27,638 212,600