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Comparative Balance Sheet Ending Beginning Balance Balance Assets Current assets: Cash and cash equivalents.. $ 52 $ 40 Accounts receivable... 37 32 Inventory....... 57 63
Comparative Balance Sheet Ending Beginning Balance Balance Assets Current assets: Cash and cash equivalents.. $ 52 $ 40 Accounts receivable... 37 32 Inventory....... 57 63 Total current assets .......Free 146 135 Property, plant, and equipment...- 515 470 Less accumulated depreciation.............. 312 270 Net property. plant, and equipment ......... 203 200 Total assets....... $349 $335 Liabilities and stockholders equity Current liabilities: Accounts payable . $ 54 $ 46 Total current liabilities 54 46 Bonds payable...... 60 70 Total liabilities. 114 1 16 Stockholders'equity Common stock ..... 52 50 Retained earnings. 183 169 Total stockholders equity ...... ..mass..scams 235 219 Total liabilities and stockholders equity ....... $349 $335 Tani Corporation's most recent balance sheet is shown. The company's net income for the year was $18 and it didn't sell or retire any property, plant, and equipment during the year. Cash dividends were $4. What was the net cash provided by (used in) investing activities for the year? O A) $45 OB) ($45) O C) $3 O D) ($3)
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