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Stone Retail Corporation's most recent comparative Balance Sheet is as follows: Assets Cash Accounts recelvable Inventory Property, plant, and equipment Less accumulated denreciation Total assets
Stone Retail Corporation's most recent comparative Balance Sheet is as follows: Assets Cash Accounts recelvable Inventory Property, plant, and equipment Less accumulated denreciation Total assets Endin Beginnin $51,000 $64.000 41000 83.000 96.000 120 000 65.000 $285.000 87.000 120.000 50,000 $262.000 Llabilitles and Stockholders' Equity Accounts payable vable $38,000 30.000 5.000 80 000 136,000 $262.000 Bonds payable Common stock 100,000 142,000 $285,000 Retained earnings otal liabilitles and stockholders' equity Stone's net income was $46,000. No equipment was sold or purchased. Cash dividends of $40,000 were declared and paid. Stone uses the indirect method to prepare its statement of cash flows. What is Stone's net cash provided by (used in) financing activities? O ($20,000) O ($15,000) O $5,000 O $65.000 O O O O
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