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These are 3M 's Financial Statements: begin{tabular}{lr} multicolumn{1}{c}{ Income Statement } Sales & $518 Cost of goods sold & 336 Gross margin

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These are 3M 's Financial Statements: \begin{tabular}{lr} \multicolumn{1}{c}{ Income Statement } \\ Sales & $518 \\ Cost of goods sold & 336 \\ Gross margin & 182 \\ Selling and administrative & 113 \\ expense & \\ Net operating income & 69 \\ Income taxes & 21 \\ \hline Net income & $48 \\ \hline \end{tabular} Cash dividends were $8. 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: $26 $15 $(26) $(15)

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