The following information is available for Waterway Industries for the year ended December 31, 2022. 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 $ 51,750 4,255 186,300 9,430 12,650 326,715 40,250 13,800 5,405 332,350 29,900 230,000 Cash Flows from Operating Activities Net Income 326715 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 186300 Increase in Accounts Receivable 5405 Decrease in Income Taxes Payable v (12650) Increase in Inventory Decrease in Accounts Payable -4255 (9430) Net Cash Provided by Operating Activities 492085 Sale of Land (332350) Purchase of Building 40250 Net Cash used by Investing Activities -292100 Cash Flows from Financing Activities Payment of Dividend (29900) Issuance of Bonds 230000 Purchase of Treasury Stock (13800) Net Cash Provided by Financing Activities 186300 Net Increase in Cash 386285 Cash at Beginning of Period 51750 Cash at End of Period $ 438035