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TB MC Qu. 14-70 Carriveau Corporation's most recent balance ... Carriveau Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance

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TB MC Qu. 14-70 Carriveau Corporation's most recent balance ... Carriveau Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance $ 26 23 57 $ 37 31 47 115 752 271 481 106 547 254 293 $596 $399 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 $ 52 17 40 109 123 232 $ 61 12 32 105 183 288 82 282 364 $596 77 34 111 $399 Net income for the year was $305. Cash dividends were $57. The company did not sell or retire any property, plant, and equipment during the year. The net cash provided by (used in) operating activities for the year was: Multiple Choice $328 O $282 $425 $23

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