Marbry Corporation's balance sheet and income statement appear below:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Current assets:
Cash and cash equivalents	$ 56	$ 42
Accounts receivable	48	61
Inventory	76	61
Total current assets	180	164
Property, plant, and equipment	530	510
Less accumulated depreciation	270	261
Net property, plant, and equipment	260	249
Total assets	$ 440	$ 413
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable	$ 69	$ 56
Accrued liabilities	42	27
Income taxes payable	56	56
Total current liabilities	167	139
Bonds payable	107	142
Total liabilities	274	281
Stockholders equity:
Common stock	45	41
Retained earnings	121	91
Total stockholders equity	166	132
Total liabilities and stockholders' equity	$ 440	$ 413

Income Statement
Sales	$ 649
Cost of goods sold	450
Gross margin	199
Selling and administrative expense	155
Net operating income	44
Gain on sale of plant and equipment	16
Income before taxes	60
Income taxes	23
Net income	$ 37

Cash dividends were $7. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was:r

Multiple Choice

$(7)

$(38)

$4

$35