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Krech Corporation's comparative balance sheet appears below: Assets: Comparative Balance Sheet Ending Balance Beginning Balance Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid
Krech Corporation's comparative balance sheet appears below: Assets: Comparative Balance Sheet Ending Balance Beginning Balance Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: $ 39,000 $ 29,300 22,000 28,000 74,000 68,000 13,600 10,800 148,600 136,100 470,000 450,000 235,000 202,500 235,000 247,500 $ 383,600 $ 383,600 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 $ 25,800 60,000 $ 17,000 73,000 87,000 89,000 172,800 179,000 100,000 89,000 272,800 268,000 44,000 34,000 66,800 81,600 110,800 115,600 $ 383,600 $ 383,600 The company's net income (loss) for the year was $(7,400) and its cash dividends were $7,400. It did not sell or retire any property, plant, and equipment during the year. The company uses the indirect method to determine the net cash provided by operating activities. The company's net cash provided by (used in) operating activities is
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