9 Gross margin Selling and administrative expense Net operating income Income taxes Net income The company declared and paid a cash dividend of $54,000 during the year. It did not purchase or dispose of any property, plant, and equipment. It did not issue any bonds or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) operating activities last year was: Multiple Choice $105,000 $58,000 $130,000 420,000 270,000 150,000 45,000 $ 105,000 $152,000 < Prev 8 of 40 www www www MacBook Air B Next >