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The financial statements of Rukavina Corporation follow: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 43 $ 40 Accounts receivable

The financial statements of Rukavina Corporation follow:


Comparative Balance Sheet


Ending Balance

Beginning Balance

Assets:







Cash and cash equivalents

$

43


$

40


Accounts receivable


104



91


Inventory


63



50


Property, plant, and equipment


813



670


Less accumulated depreciation


368



318


Total assets

$

655


$

533


Liabilities and stockholders' equity:







Accounts payable

$

83


$

90


Bonds payable


190



300


Common stock


115



91


Retained earnings


267



52


Total liabilities and stockholders' equity

$

655


$

533



Income Statement

Sales

$

800

Cost of goods sold


312

Gross margin


488

Selling and administrative expense


103

Net operating income


385

Income taxes


137

Net income

$

248


Cash dividends were $33. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.


The net cash provided by (used in) investing activities for the year was:

a. $(143)

b. $143

c. $(33)

d. $33

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