32

130

150

59

Buckley Corporation's most recent comparative balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance Assets Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Bonds payable Common stock Retained earnings $ 19 26 56 686 430 $357 $ 20 27 51 550 363 $285 $ 34 40 $ 30 230 161 $285 $357 Total liabilities and stockholders equity The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock. The net cash provided by (used in) operating activities for the year was