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Autry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 50

Autry Corporation's balance sheet and income statement appear below:

Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Current assets:
Cash and cash equivalents $ 50 $ 51
Accounts receivable 83 82
Inventory 62 60
Total current assets 195 193
Property, plant, and equipment 692 555
Less accumulated depreciation 259 292
Net property, plant, and equipment 433 263
Total assets $ 628 $ 456
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable $ 57 $ 61
Accrued liabilities 34 33
Income taxes payable 62 66
Total current liabilities 153 160
Bonds payable 101 95
Total liabilities 254 255
Stockholders equity:
Common stock 76 75
Retained earnings 298 126
Total stockholders equity 374 201
Total liabilities and stockholders' equity $ 628 $ 456

Income Statement
Sales $ 910
Cost of goods sold 531
Gross margin 379
Selling and administrative expense 122
Net operating income 257
Gain on sale of plant and equipment 33
Income before taxes 290
Income taxes 87
Net income $ 203

Cash dividends were $31. The company sold equipment for $59 that was originally purchased for $31 and that had accumulated depreciation of $5. The net cash provided by (used in) investing activities for the year was:

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