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Alcoser Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 4 8 $ 2

Alcoser Corporation's most recent balance sheet appears below:
Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $ 48 $ 27
Accounts receivable 3942
Inventory 5977
Property, plant, and equipment 578504
Less accumulated depreciation 220212
Total assets $ 504 $ 438
Liabilities and stockholders' equity:
Accounts payable $ 47 $ 56
Accrued liabilities 2322
Income taxes payable 2734
Bonds payable 235206
Common stock 8175
Retained earnings 9145
Total liabilities and equity $ 504 $ 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:
Multiple Choice
($14)
$84
$69
$46

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