TB MC Qu. 13-64 Illies Corporation's comparative balance sheet... Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance $ 53,000 32,000 80,000 165,000 397,000 182,000 215,000 $380,000 $ 46,000 35,300 83,300 164,600 365,000 145,000 220,000 $384,600 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 31,000 67,000 63,600 161,600 95,000 256,600 $ 33,300 73,300 55,000 161,600 105,500 267,100 42,500 80,900 123,400 $380,000 35,000 82,500 117,500 $384,600 The company did not dispose of any property, plant, and equipment during the year. Its net income for the year was $2,400 and its cash dividends were $4,000. The company did not issue any bonds payable or purchase any of its own common stock during the year. Its net cash provided by (used in) operating activities and net cash provided by (used in) financing activities are: Multiple Choice net cash provided by (used in) operating activities, $46,000; net cash provided by (used in) financing activities, $(7,500) net cash provided by (used in) operating activities, $49,300; net cash provided by (used in) financing activities, $17,000) net cash provided by (used in) operating activities, $46,000; net cash provided by (used in) financing activities, $17,000) net cash provided by (used in) operating activities, $49,300; net cash provided by (used in) financing activities, $(7,500)