Comparative Balance Sheet Ending Beginnin Balance Balance $ 34 67 46 147 532 227 305 $452 $ 35 66 44 145 475 260 215 $360 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 $ 41 18 46 105 $ 45 17 50 112 65 177 71 176 46 230 276 $452 45 138 183 $360 Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Gain on sale of plant and equipment Income before taxes Income taxes Net income $ 750 451 299 165 134 19 153 46 $107 Cash dividends were $15. The company sold equipment for $27 that was originally purchased for $15 and that had accumulated depreciation of $7. The net cash provided by (used in) investing activities for the year was: Multiple Choice Multiple Choice $(72) $(45) $27 $45 DOC