Harkey Corporation's balance sheet and income statement appear below: Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Comparative Balance Sheet Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Gain on sale of equipment Income before taxes Income taxes Net income Ending Balance $34 76 43 456 200 $ 409 Net cash provided (used in) operating activities $28 30 42 128 85 96 $ 409 $ 1,147 652 495 177 318 11 329 53 $ 276 Beginning Balance $36 75 45 403 180 $379 $30 26 39 179 85 20 $ 379 Cash dividends were $200. The company sold equipment for $15 that was originally purchased for $6 and that had accumulate depreciation of $2. Required: Using the direct method, determine the net cash provided by (used in) operating activities.

Harkey Corporation's balance sheet and income statement appear below: Cash dividends were $200. The company sold equipment for $15 that was originally purchased for $6 and that had accumulat depreciation of $2 Required: Using the direct method, determine the net cash provided by (used in) operating activities