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

Mccloe Corporation Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets
Current assets:
Cash and cash equivalents	$ 54	$ 41
Accounts receivable	48	60
Inventory	74	60
Total current assets	176	161
Property, plant and equipment	525	500
Less: accumulated depreciation	269	260
Net property, plant, and equipment	256	240
Total assets	$432	$401
Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$ 67	$ 55
Accrued liabilities	40	26
Income taxes payable	55	55
Total current liabilities	162	136
Bonds payable	114	140
Total liabilities	276	276
Stockholders' equity:
Common stock	45	40
Retained earnings	111	85
Total stockholders' equity	156	125
Total liabilities and stockholders' equity	$432	$401

Income Statement
Sales	$730
Cost of goods sold	530
Gross margin	200
Selling and administrative expenses	172
Net operating income	28
Gain on sale of plant and equipment	20
Income before taxes	48
Income taxes	18
Net income	$ 30

Cash dividends were $4. 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:

$(26)

$(4)

$5

$(25)