Comparative Balance Sheet Ending Beginning Balance Balance Assets: Cash and cash equivalents $ 51 $ 28 Accounts receivable 40 43 Inventory 60 79 Property, plant, and equipment 582 507 Less accumulated depreciation 222 213 Total assets $ 511 $ 444 Liabilities and stockholders' equity: Accounts payable $ 48 $ 57 Accrued liabilities 24 23 Income taxes payable 27 35 Bonds payable 236 207 Common stock 82 76 Retained earnings Total liabilities and equity 94 46 $ 511 $ 444 Net income for the year was $58. Cash dividends were $10. 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.