Reference no: EM132555835

Following is a list of items that occurred during 2015 in the Carrol Company.

Net income for the year                                 P356,000

Dividends paid during the year                          75,000

Proceeds from sale of a 10-year bond issue            200,000

Amortization of patents                                         15,000

Depreciation expense                                            125,000

Cash received on a sale of land                               130,000

Decrease in inventory                                              44,000

Increase in accounts receivable                                   96,000

Loss on the sale of land                                             20,000

Increase in accrued expense                                        18,000

Cash purchase of new equipment                                  500,000

Cash purchase of a long-term investment                          158,000

Decrease in income tax payable                                          24,000

Increase in accounts payable                                                   47,000

Purchase of building by issuing 20-year notes                             300,000

Question 1: The treasurer of the Harrol Company indicates that cash increased by P102,000. Analyze the change in cash computed by the treasurer.