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Harkey Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 35 $ 36

Harkey Corporation's balance sheet and income statement appear below:

Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $ 35 $ 36
Accounts receivable 75 77
Inventory 42 46
Property, plant, and equipment 456 403
Less accumulated depreciation 204 180
Total assets $ 404 $ 382
Liabilities and stockholders' equity:
Accounts payable $ 27 $ 31
Accrued liabilities 30 27
Income taxes payable 44 39
Bonds payable 132 173
Common stock 89 85
Retained earnings 82 27
Total liabilities and stockholders' equity $ 404 $ 382

Income Statement
Sales $ 1,282
Cost of goods sold 640
Gross margin 642
Selling and administrative expense 176
Net operating income 466
Gain on sale of equipment 10
Income before taxes 476
Income taxes 50
Net income $ 426

Cash dividends were $371. The company sold equipment for $15 that was originally purchased for $7 and that had accumulated depreciation of $2.

Required:

Using the direct method, determine the net cash provided by (used in) operating activities.

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