Financial statements of Rukavina Corporation follow: Comparative Balance Sheet Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity Income Statement Sales Cost of goods sold Gross margin $518 336 182 Ending Balance $36 39 34 386 202 $293 $71 176 81 (35) $293 Beginning Balance $ 38 44 35 360 191 $286 $ 61 220 80 (75) $286

Financial statements of Rukavina Corporation follow: Cash dividends were $8. The company did not dispose of any property. plant, and equipment. It did not issue any bonds payable or repurchase any of common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) operating activities for the year was: Muitiple Choice $75 Multiple Choice $75 $27 $21 $69