17 tani corporation

17) Tani Corporation's most recent balance sheet appears below Comparative Balance Sheet Ending Balance Beginning Balance Assets Current assets: Cash and cash equivalents Accounts receivable Inventory $40 $52 37 57 146 32 63 135 470 270 Total current assets Property, plant, and equipment 515 Less accumulated depreciation 312 Net property, plant, and equipment 203 200 Total assets $349 $335 Liabilities and stockholders' equity Current liabilities: Accounts payable $54 $46 Total current liabilities 54 46 70 60 Bonds payable 116 114 Total liabilities Stockholders equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity The company's net income for the year was $18 and it did not sell or retire any 50 52 183 169 235 219 $349 $335 property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was