TB MC Qu. 13-36 (Static) Marbry Corporation's balance sheet... Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 44 $ 37 Accounts receivable 57 49 Inventory 48 42 Total current assets 149 128 Property, plant, and equipment 441 360 Less accumulated depreciation 281 248 Net property, plant, and equipment 160 112 Total assets $ 309 $ 240 Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 35 $ 43 Accrued liabilities 18 16 Income taxes payable 37 40 Total current liabilities 90 99 Bonds payable 15 20 Total liabilities 105 119 Stockholders equity: Common stock 34 30 Retained earnings 170 91 Total stockholders equity 204 121 Total liabilities and stockholders' equity $ 309 $ 240 Income Statement Sales $ 807 Cost of goods sold 531 Gross margin 276 Selling and administrative expense 143 Net operating income 133 Gain on sale of plant and equipment 10 Income before taxes 143 Income taxes 43 Net income $ 100 Cash dividends were $21. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was: