net income =113

Cash dividends were $16. The company sold equipment for $29 that was originally purchased for $16 and that had accumulated depreciation of $8. The net cash provided by (used in) investing activities for the year was:

Cash and cash equivalents $ 35 68 47 150 542 229 313 $463 $ 36 67 45 148 480 262 218 $366 Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: $ 42 19 47 108 76 184 S 46 18 51 115 70 185 Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings 51 228 279 $463 50 131 181 $366 Total stockholders' equity Total liabilities and stockholders' equity Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Gain on sale of plant and equipment Income before taxes Income taxes $760 456 304 163 141 21 162 49