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Sonier Corporation's most recent balance sheet appears below: Sonier Corporation's Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 61 $

Sonier Corporation's most recent balance sheet appears below:

Sonier Corporation's Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $ 61 $ 53
Accounts receivable 104 97
Inventory 86 83
Property, plant and equipment 718 630
Less: accumulated depreciation

282

246

Total assets

$687

$617

Liabilities and stockholders' equity:
Accounts payable $ 77 $ 75
Bonds payable 367 430
Common stock 45 39
Retained earnings

198

73

Total liabilities and stockholders' equity

$687

$617

The net income for the year was $183. Cash dividends were $58. The company did not issue any bonds or repurchase any of its common stock during the year. The net cash provided by (used in) financing activities for the year was:

$6

$(115)

$(58)

$(63)

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