Gayles Corporation's most recent balance sheet appears below:

Gayles Corporation Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$ 40	$ 32
Accounts receivable	83	76
Inventory	65	62
Property, plant and equipment	508	420
Less: accumulated depreciation	240	204
Total assets	$456	$386
Liabilities and stockholders' equity:
Accounts payable	$ 56	$ 54
Bonds payable	179	220
Common stock	33	30
Retained earnings	188	82
Total liabilities and stockholders' equity	$456	$386

The net income for the year was $144. Cash dividends were $38. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:

	$(38)
	$(76)
	$(41)
	$3