XYZ COMPANIES Income and Expense Statement for the year ending December 31, 2022 Sales: $7,678,675 Cost of Goods Sold: $2,457,176 Gross Profit: $5,221,499 Salary Expense: $1,535,735 Depreciation and Amortization Expense: $1,151,801 Insurance Expense: $30,715 Interest Expense: $46,072 Loss from the sale of a patent: $7,679 Gain from the sale of land: $3,839 Total Expenses and others: $2,768,162 Income Before Taxes: $2,453,337 Tax Expense: $736,001 NET INCOME: $1,717,336

Partial Information from the Comparative Financial Position Statement (Balance Sheet) (Excluding cash, all current asset accounts and current company debts are summarized here.) 12/31/22 12/31/21 Change Accounts Receivable: $537,507 $652,687 Decrease $115,180 Inventory: $959,834 $767,868 Increase $191,967 Prepaid Insurance: $20,732 $11,518 Increase $9,214 Accounts Payable: $191,967 $383,934 Decrease $191,967 Salaries Payable: $19,197 $7,679 Increase $11,518 Interest Payable: $38,393 $30,715 Increase $7,679 Taxes Payable: $65,269 $69,108 Decrease $3,839

Other Information:

During the year, the company sold land with a book value of $691,081. During the year, the company sold a patent with a book value of $230,360. During the year, the company acquired equipment for $1,075,015 in cash. During the year, the company issued common shares for $126,698, acquired treasury shares for $6,911, and paid dividends of $9,982.

Determine the Net Cash from Investing Activities.