Carriveau Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 37 $ 26 Accounts receivable 31 23 Inventory 47 57 Total current assets 115 106 Property, plant, and equipment 752 547 Less accumulated depreciation 271 254 Net property, plant, and equipment 481 293 Total assets $ 596 $ 399 Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 52 $ 61 Accrued liabilities 17 12 Income taxes payable 40 32 Total current liabilities 109 105 Bonds payable 123 183 Total liabilities 232 288 Stockholders equity: Common stock 82 77 Retained earnings 282 34 Total stockholders equity 364 111 Total liabilities and stockholders' equity $ 596 $ 399 Net income for the year was $305. Cash dividends were $57. The company did not sell or retire any property, plant, and equipment during the year. The net cash provided by (used in) operating activities for the year was:

• $328

• $282

• $23

• $425