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hi please solve the question below, thank you! Harkey Corporation's balance sheet and income statement appear below: Compa rative Balance Sheet Ending Beg inning Balance

hi please solve the question below, thank you!

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Harkey Corporation's balance sheet and income statement appear below: Compa rative Balance Sheet Ending Beg inning Balance Balance Assets: Cash and cash equivalents $ 34 $ 38 Accounts receivable 78 73 ' Inventory 43 46 Property, plant, and equipment 452 392 Less accumulated depreciation 211 174 Total assets $ 396 $ 375 Liabilities and stockholders' equity: Accounts payable ' $ 28 $ 29 Accrued liabilities 36 26 Income taxes payable 43 37 Bonds payable 125 173 Common stock 88 86 Retained earnings 82 24 _ Total liabilities and stockholders' equity __2___i_3LZ_ii_ Income Statement V Sales $ 1,960 Cost of goods sold 553 Gross margin 402 Selling and administrative expense _______11_ Net operating income 226 Gain on sale of equipment ______._ll_ Income before taxes 23? Income taxes ___'___g_ Net income Cash dividends were $129. The company sold equipment for $15 that was originally purchased for $16 and that had accumulated depreciation of $2. Required: . . _ ' . Using the direct method, determine the net cash provided by (used in) operating actIVItles. ( Prev 3 of '10 555 Next >

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