The following changes took place last year in Pavolik Companys balance sheet accounts: Asset and Contra-Asset Accounts Liabilities and Equity Accounts Cash $ 8 D Accounts payable $ 26 I Accounts receivable $ 12 I Accrued liabilities $ 12 D Inventory $ 34 D Income taxes payable $ 17 I Prepaid expenses $ 7 I Bonds payable $ 108 I Long-term investments $ 9 D Common stock $ 48 D Property, plant, and equipment $ 215 I Retained earnings $ 46 I Accumulated depreciation $ 46 I D = Decrease; I = Increase. Long-term investments that had cost the company $9 were sold during the year for $22, and land that had cost $21 was sold for $12. In addition, the company declared and paid $6 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock. The companys income statement for the year follows: Sales $ 660 Cost of goods sold 278 Gross margin 382 Selling and administrative expenses 300 Net operating income 82 Nonoperating items: Loss on sale of land $ (9) Gain on sale of investment 13 4 Income before taxes 86 Income taxes 34 Net income $ 52 The companys beginning cash balance was $104 and its ending balance was $96. Required: 1. Using the indirect method, determine the net cash provided by / used in operating activities for the year. (List any deduction in cash and cash outflows as negative amounts.)