Multiple Choice Question 106 Correct answer. Your answer is correct. Bramble Corp.'s balance sheet accounts as of December 31, 2018 and 2017 and information relating to 2018 activities are presented below. December 31, 2018 2017 Assets Cash $ 439000 $ 199000 Short-term investments 599000 Accounts receivable (net) 1040000 1040000 Inventory 1360000 1220000 Long-term investments 398000 601000 Plant assets 3380000 2010000 Accumulated depreciation (899000) (899000) Patent 179000 199000 Total assets $6496000 $4370000 Liabilities and Stockholders' Equity Accounts payable and accrued liabilities $1680000 $1430000 Notes payable (nontrade) 582000 Common stock, $10 par 1610000 1390000 Additional paid-in capital 800000 500000 Retained earnings 1824000 1050000 Total liabilities and stockholders' equity $6496000 $4370000 Information relating to 2018 activities: Net income for 2018 was $1490000. Cash dividends of $602000 were declared and paid in 2018. Equipment costing $1010000 and having a carrying amount of $322000 was sold in 2018 for $362000. A long-term investment was sold in 2018 for $322000. There were no other transactions affecting long-term investments in 2018. 22000 shares of common stock were issued in 2018 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/19.

Net cash provided by Brambles 2018 operating activities was...