Illies Corporation's comparative balance sheet appears below:

Multiple Choice

net cash provided by (used in) operating activities, $40,000; net cash provided by (used in) financing activities, $(7,000)

net cash provided by (used in) operating activities, $42,700; net cash provided by (used in) financing activities, $(7,000)

net cash provided by (used in) operating activities, $42,700; net cash provided by (used in) financing activities, $(4,500)

net cash provided by (used in) operating activities, $40,000; net cash provided by (used in) financing activities, $(4,500)

\begin{tabular}{|c|c|c|} \hline Comparative Balance Sheet & Ending Balance & \begin{tabular}{l} Beginning \\ Balance \end{tabular} \\ \hline \multicolumn{3}{|l|}{ Assets: } \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Cash and cash equivalents & $47,000 & $40,000 \\ \hline Accounts receivable & 26,000 & 28,700 \\ \hline Inventory & 74,000 & 76,700 \\ \hline Total current assets & 147,000 & 145,400 \\ \hline Property, plant, and equipment & 379,000 & 353,000 \\ \hline Less accumulated depreciation & 170,000 & 139,000 \\ \hline Net property, plant, and equipment & 209,000 & 214,000 \\ \hline Total assets & $356,000 & $359,400 \\ \hline \multicolumn{3}{|l|}{ Liabilities and stockholders' equity: } \\ \hline \multicolumn{3}{|l|}{ Current liabilities: } \\ \hline Accounts payable & $25,000 & $26,700 \\ \hline Accrued liabilities & 61,000 & 66,700 \\ \hline Income taxes payable & 56,400 & 49,000 \\ \hline Total current liabilities & 142,400 & 142,400 \\ \hline Bonds payable & 89,000 & 96,500 \\ \hline Total liabilities & 231,400 & 238,900 \\ \hline \multicolumn{3}{|l|}{ Stockholders' equity: } \\ \hline Common stock & 33,500 & 29,000 \\ \hline Retained earnings & 91,100 & 91,500 \\ \hline Total stockholders' equity & 124,600 & 120,500 \\ \hline Total liabilities and stockholders' equity & $356,000 & $359,400 \\ \hline \end{tabular} stock during the year. Its net cash provided by (used in) operating activities and net cash provided by (used in) financing activities are