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Hirshberg Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance $ 63,000 36,700 79,300 179,000 362,000 208,000 154,000 $333,000 $ 43,000
Hirshberg Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance $ 63,000 36,700 79,300 179,000 362,000 208,000 154,000 $333,000 $ 43,000 43,000 73,000 159,000 353,000 176,000 177,000 $336,000 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 Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 39, 300 84,100 67, 300 190,700 65,000 255,700 $ 34,000 73,000 63,000 170,000 93,000 263,000 50,700 26,600 77,300 $333,000 54,000 19,000 73,000 $336,000 The company's net income for the year was $14,700 and its cash dividends were $7,100. It did not sell or retire any property, plant, and equipment during the year. The company's net cash provided by (used in) investing activities is: Multiple Choice $41,000 $38,300 O O $19,000) $123,000)
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