Financial statements of Rukavina Corporation follow:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$ 36	$ 38
Accounts receivable	39	44
Inventory	34	35
Property, plant, and equipment	386	360
Less accumulated depreciation	202	191
Total assets	$ 293	$ 286
Liabilities and stockholders' equity:
Accounts payable	$ 71	$ 61
Bonds payable	176	220
Common stock	81	80
Retained earnings	(35)	(75)
Total liabilities and stockholders' equity	$ 293	$ 286

Income Statement
Sales	$ 518
Cost of goods sold	336
Gross margin	182
Selling and administrative expense	113
Net operating income	69
Income taxes	21
Net income	$ 48

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 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:

Multiple Choice

• $(8)

• $(44)

• $(51)

• $1