step by step and show what formulas u used and what numbers did u add together

(Appendix) Cliburn Corporation's balance sheet and income statement appear below: 1 Beginning Balance Comparative Balance Sheet Ending Balance Assets: Cash and cash equivalents...... ..... $ 27 Accounts receivable.......... Inventory.................. Plant and equipment 564 Accumulated depreciation......... (217) Total assets... $468 $ 27 28 30 64 500 (208) $406 $ 50 $ 43 24 Liabilities and stockholders' equity: Accounts payable......... Wages payable.... ........ Taxes payable................. . Bonds payable............... Deferred taxes......... Common stock.... Retained earnings............... Total liabilities and stockholders' equity... 184 180 80 $468 $690 456 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 ........... Net income 9**98746 Cash dividends were $15. The company sold equipment for $11 that was originally purchased for $3 and that had accumulated depreciation of $1. 50. The net cash provided by (used by) operations for the year was: A. $73 B. $84 C. $64 D. $79 51. The net cash provided by (used by) investing activities for the year was: A. ($56) B. $11 C. ($67) D. $56 52. The net cash provided by (used by) financing activities for the year was: A. $3 B. $4 C. ($15) D. $8)