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Salsedo Corporation's balance sheet and income statement appear below. 19 Comparative Balance Sheet Ending Balance Beginning Balance 00:28:15 $ $ Assets Cash and cash equivalents

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Salsedo Corporation's balance sheet and income statement appear below. 19 Comparative Balance Sheet Ending Balance Beginning Balance 00:28:15 $ $ Assets Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation 31 24 53 461 306 33 30 47 390 256 $ 244 $ 263 $ 42 16 Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 75 53 49 17 40 90 50 (2) $ 244 $ 263 Income Statement Sales Coat of goods sold Gross margin Selling and administrative expense Net operating income Gain on sale of equipment Income before taxes Income taxe $634 400 234 174 60 10 70 21 Net income Cash dividends were 59. The company sold equipment for $15 that was originally purchased for $10 and that had accumulated depreciation of 55 I did not see any b- The net cash provided by (used in operating activities for the year was

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