Illies Corporation's comparative balance sheet appears below:

Comparative Balance Sheet
	Ending Balance			Beginning Balance
Assets:
Current assets:
Cash and cash equivalents	$	60,000		$	53,000
Accounts receivable		39,000			43,000
Inventory		87,000			91,000
Total current assets		186,000			187,000
Property, plant, and equipment		418,000			379,000
Less accumulated depreciation		196,000			152,000
Net property, plant, and equipment		222,000			227,000
Total assets	$	408,000		$	414,000
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable	$	38,000		$	41,000
Accrued liabilities		74,000			81,000
Income taxes payable		72,000			62,000
Total current liabilities		184,000			184,000
Bonds payable		102,000			116,000
Total liabilities		286,000			300,000
Stockholders equity:
Common stock		53,000			42,000
Retained earnings		69,000			72,000
Total stockholders equity		122,000			114,000
Total liabilities and stockholders' equity	$	408,000		$	414,000

The company did not dispose of any property, plant, and equipment during the year. Its net income for the year was $2,000 and its cash dividends were $5,000. The company did not issue any bonds payable or purchase any of its own common stock during the year. Its net cash provided by (used in) operating activities and net cash provided by (used in) financing activities are:

Multiple Choice

a. net cash provided by (used in) operating activities, $54,000; net cash provided by (used in) financing activities, $(11,000)

b. net cash provided by (used in) operating activities, $58,000; net cash provided by (used in) financing activities, $(8,000)

c. net cash provided by (used in) operating activities, $54,000; net cash provided by (used in) financing activities, $(8,000)

d. net cash provided by (used in) operating activities, $58,000; net cash provided by (used in) financing activities, $(11,000)