Alcoser Corporation's most recent balance sheet appears below: Comparative Balance Sheet Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and equity Ending Balance $ 48 39 59 578 220 $504 $ 47 23 27 235 81 91 $ 504 Beginning Balance $27 42 77 504 212 $ 438 $ 56 22 34 206 75 45 $ 438 Net income for the year was $55. Cash dividends were $9. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable 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 for the year was:

Alcoser Corporation's most recent balance sheet appears below: Net income for the year was $55. Cash dividends were $9. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable 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 octivities for the year was