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Carriveau Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance $ 39 35 49 123 762 277 485 $ 28

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Carriveau Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance $ 39 35 49 123 762 277 485 $ 28 25 61 114 549 258 291 $ 405 $ 608 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 68 13 35 $ 54 19 42 115 117 232 116 174 290 79 84 292 376 36 115 $ 608 $ 405 Net Income for the year was $315. Cash dividends were $59. 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: Multiple Choice o $20 $295 $335 $441

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