Alcoser Corporation's most recent 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 Accrued liabilities Income taxes payable Bonds payable Common stochk Retained earnings $ 81 50 70 622 242 $581 38 53 537 223 $504 s 58 34 27 246 92 124 $581 S 67 45 217 86 56 $504 Total liabilities and equity Net income for the year was $88. Cash dividends were $20. 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 $113 $79 ($25) Last year Lawn Corporation reported sales of $330,000 on its income statement. During the year, accounts receivable increased by $34,000 and accounts payable increased by $39,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be: Multiple Choice $296,000 $291,000 $325,000 $335,000 The ending balance of accounts receivable was $79,000. Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $364,000. Sales reported on the income statement were $393,000. Based on this information, the beginning balance in accounts receivable was: Multiple Choice $108,000 $29,000 $109,000 $50,000