Connect HW 1 0 Saved Required information The Foundational 15 (Algo) [LO15-1. LO15-2] [The foiiowing information appes to the questions displayed below] Pan 4 of 5 Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. its balance sheet for this year is as follows: Ending Beginning Balance Balance Cash 35 72,668 5 86,356 Accounts receivable 59,368 63,366 Inventory 79, 668 72, 566 Total current assets 211,568 223,150 Property, plant, and equipment 213,668 263,866 El Less accumulated depreciation 71,668 58,756 65;\" Net property, plant, and equipment 142,668 152,256 Total assets $ 353,588 $ 575,466 _ Accounts payable $ 46,468 5 82,566 E Income taxes payable 36,168 45,466 Print Bonds payable 37,668 72, 566 Common stock 181,568 87,866 Retained earnings 32,568 88,866 Total liabilities and stockholders' equity $ 353,593 5 375,439 During the year, Ravenna paid a $8,700 cash dividend and it sold a piece of equipment for $4,350 that had originally cost $9,600 and had accumulated depreciation 0f$6,400. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 15-13 (Algal 13. What is the company's net cash provided by [used in] investing activities? ::|