Hirshberg Corporation's comparative balance sheet appears below. 30 Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable TL 11! $ 42,000 22,000 66,000 130,000 401,000 207,000 194,000 $324,000 $ 31,000 18,000 70,000 119,000 377,000 177,000 200,000 $ 319,000 $ 15,000 45,000 53,000 113,000 83,000 $ 17,000 38,000 51,000 106,000 91,000 10A A 107 Dan $324,000 $ 319,000 Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 15,000 45,000 53,000 113,000 83,000 196,000 $ 17,000 38,000 51,000 106,000 91,000 197,000 27,000 101,000 128,000 $324,000 28,000 94,000 122,000 $ 319,000 The company's net income for the year was $11,000 and its cash dividends were $4,000. It did not sell or retire any property, plant, and equipment during the year. The company's net cash provided by (used in) operating activities is: 30 Multiple Choice $48,000 $18,000 $40,000 o $52,000