The following information is available for Ivanhoe Company for the year ended December 31, 2022.
Beginning cash balance $42.000
Accounts payable increase 9.975
Depreciation expense 71.750
Accounts receivable decrease 8.400
Inventory decrease 5.425
Net income 100.100
Cash received for sale of land at book value 182.000
Cash dividends paid 66.500
Income taxes payable decrease 6.825
Cash used to purchase land 141.750
Cash used to redeem bonds 115.500
Cash received from issuing stock 280.000
