Using the following information, answer the questions that follow.

XYZ COMPANY

Income and Expense Statement

for the year ending December 31,2022$31,2022$

Sale $7583922$7583922$

Cost of Goods Sold

2426855$2426855$

Gross Profit 5157067$5157067$

Salaries Expense 1516784$1516784$

Depreciation and amortization expense 1137588$1137588$

Insurance expense 30336$30336$

Interest Expense 45504$45504$

Loss from sale of patent 7584$7584$

Gain from the sale of land 3792$3792$

Total Expenses and others 2734004$2734004$

Income Before Taxes 2423063$2423063$

Tax Expense 726919$726919$

NET INCOME 1696145$1696145$

Partial information on the Comparative Statement of Financial Situation ($($Balance Sheet)$)$

($($Excluding cash, all current asset and current debt accounts of the company are summarized here.)$)$

12/31/2212/31/21$12/31/2212/31/21$ change

Accounts Receivable $530875$530875$ $644633$644633$ decrease $113759$113759$

Inventory 947990758392$947990758392$ increase 189598$189598$

Prepaid insurance 2047711376$2047711376$ increase 9101$9101$

Accounts Payable 189598379196$189598379196$ decrease 189598$189598$

Wages payable 189607584$189607584$ increase 11376$11376$

Interest Payable 37920$37920$

30336$30336$ increase 7584$7584$

Taxes Payable 6446368255$6446368255$ decrease 3792$3792$

Other information:

1.$1.$ During the year, the company sold land with a book value of $682,553.$682,553.$

2.$2.$ During the year, the company sold a patent with a book value of $227,518.$227,518.$

3.$3.$ During the year, the company acquired equipment for $1061,749$1061,749$ in cash.

4.$4.$ During the year, the company issued common stock for $125,135,$125,135,$ acquired shares in the portfolio for $6,826,$6,826,$ and paid dividends of $9,859.$9,859.$

Determine Net Cash from Operating Activities.

Enter your answer WITHOUT using the dollar symbol. If the answer is negative, indicate the negative.