1. Tanner Corporation's most recent balance sheet appears below:

Comparative Balance Sheet
	Ending Balance			Beginning Balance
Assets:
Current assets:
Cash and cash equivalents	$	52		$	40
Accounts receivable		37			32
Inventory		57			63
Total current assets		146			135
Property, plant, and equipment		515			470
Less accumulated depreciation		312			270
Net property, plant, and equipment		203			200
Total assets	$	349		$	335
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable	$	54		$	46
Total current liabilities		54			46
Bonds payable		60			70
Total liabilities		114			116
Stockholders' equity:
Common stock		52			50
Retained earnings		183			169
Total stockholders' equity		235			219
Total liabilities and stockholders' equity	$	349		$	335

The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was: