Financial statements of Rukavina Corporation follow:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$ 52	$ 51
Accounts receivable	75	80
Inventory	58	59
Property, plant, and equipment	506	480
Less accumulated depreciation	253	240
Total assets	$ 438	$ 430
Liabilities and stockholders' equity:
Accounts payable	$ 107	$ 85
Bonds payable	296	340
Common stock	93	92
Retained earnings	(58)	(87)
Total liabilities and stockholders' equity	$ 438	$ 430

Income Statement
Sales	$ 640
Cost of goods sold	448
Gross margin	192
Selling and administrative expense	128
Net operating income	64
Income taxes	19
Net income	$ 45

Cash dividends were $16. 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) operating activities for the year was:

Multiple Choice

$35

$78

$87

$86