Comparative Balance Sheet Ending Beginning Balance Balance Assets Current assets: Cash and cash equivalents. $ 27 $ 26 Accounts receivable. 65 59 Inventory... 49 Total current assets 14 140 Property, plant, and equipment.. 490 Less accumulated depreciation... 231 Net property, plant, and equipment 299 259 Total assets. $440 $399 Liabilities and stockholders'equity Current liabilities: Accounts payable $ 28 Total current liabilities 28 Bonds payable 169 Total liabilities 197 Stockholders' equity Common stock 71 70 Retained earnings Total stockholders' equity 243 Total liabilities and stockholders' equity $440 $399 The company's net income for the year was $91. Depreciation was $3. The net cash provided by (used in) operating activities for the year was: $86 $5 $96 $130 Use the following information for Questions 4 & 5 Ending Beginning Balance Balance Assets Current assets Cash and cash equivalents $ 40,000 $ 33,000 Accounts receivable 19,000 21,000 Inventory 67.000 69,000 Total current assets 126.000 123.000 Property, plant, and equipment. 358,000 339,000 Less accumulated depreciation 156.000 132.000 Net property, plant, and equipment 202.000 207.000 Total assets... $328.000 $330.000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 18,000 $ 19,000 Accrued liabilities 54,000 59,000 Income taxes payable 48.000 42.000 Total current liabilities 120,000 120.000 Bonds payable 82.000 85.000 Total liabilities 202.000 200.000 Stockholders' equity Common stock 23,000 22,000 Retained earnings 103.000 102.000 Total stockholders' equily 126.000 124.000 Total liabilities and stockholders' equity $328.000 $330.000 The company had depreciation expense of $24,000. Its net income for the year was $5,000 and its cash dividends were $4,000. The company issued $1,000 of common stock. They did not issue bonds payable or purchase its own common stock. The company paid $4,000 of the principal on the bonds payable The net cash provided by (used by) operating activities is net cash provided by operating activities, $33,000 net cash provided by operating activities, $35,000 net cash provided by operating activities, $31,000 net cash provided by operating activities, $37.000 Question 5 The net cash provided by (used by) financing activities is net cash provided by financing activities, $1,000 net cash used by financing activities, $1,000 net cash provided by financing activities, $7,000 net cash used by financing activities, $7,000