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Financial statements of Rukavina Corporation follow: Beginning Balance $ 38 89 48 Comparative Balance Sheet Ending Balance Assets: Cash and cash equivalents $ 41 Accounts
Financial statements of Rukavina Corporation follow: Beginning Balance $ 38 89 48 Comparative Balance Sheet Ending Balance Assets: Cash and cash equivalents $ 41 Accounts receivable 100 Inventory 59 Property, plant, and equipment 783 Less accumulated depreciation 364 Total assets $ 619 Liabilities and stockholders' equity: Accounts payable $ 81 Bonds payable 178 Common stock 110 Retained earnings 250 Total liabilities and stockholders' equity $ 619 650 316 $ 509 $ 86 280 89 54 $ 509 Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Income taxes Net income $790 336 454 114 340 121 $219 Cash dividends were $23. 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) Investing activities for the year was
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