Shimko Corporation's most recent comparative balance sheet and income statement appear below:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$ 45	$ 43
Accounts receivable	89	83
Inventory	80	85
Property, plant, and equipment	1,018	840
Less accumulated depreciation	347	293
Total assets	$ 885	$ 758
Liabilities and stockholders' equity:
Accounts payable	$ 101	$ 58
Bonds payable	536	580
Common stock	87	85
Retained earnings	161	35
Total liabilities and equity	$ 885	$ 758

Income Statement
Sales	$ 830
Cost of goods sold	490
Gross margin	340
Selling and administrative expense	129
Net operating income	211
Income taxes	76
Net income	$ 135

The company paid a cash dividend of $9 and it did not dispose of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock.

The net cash provided by (used in) operating activities for the year was:

• $231

• $274

• $307

• $211