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Financial statements of Ansbro Corporation follow: Ansbro Corporation Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 25 $ 22 Accounts

Financial statements of Ansbro Corporation follow:

Ansbro Corporation Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $ 25 $ 22
Accounts receivable 79 73
Inventory 36 32
Property, plant and equipment 543 490
Less: accumulated depreciation

328

300

Total assets

$355

$317

Liabilities and stockholders' equity:
Accounts payable $ 41 $ 54
Bonds payable 100 120
Common stock 79 73
Retained earnings

135

70

Total liabilities and stockholders' equity

$355

$317

Income Statement
Sales $710
Cost of goods sold

455

Gross margin 255
Selling and administrative expenses

136

Net operating income 119
Income taxes

42

Net income

$ 77

Cash dividends were $12. 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.

The net cash provided by (used in) financing activities for the year was:
$(12)
$(20)
$6
$(26)

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