Use the following information for the next THREE questions. Hanover Corporation's most recent balance sheet appears below: Ending Balance Beginning Balance $35 73 Assets: Cash and cash equivalents Accounts receivable Inventory Plant and equipment Accumulated depreciation Total assets 54 438 (212) $388 $34 75 63 360 (199) $333 Liabilities and stockholders' equity: Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings Total liabs and stockholders' equity $81 14 80 $84 16 110 35 88 $333 35 178 $388 The company's income statement for the year follows: Sales Cost of Goods Sold Gross Margin Selling and administrative expenses Net operating income Income taxes Net income $600 350 $250 100 $150 40 $110 Dividends of $20 were declared and paid during the year. There were no sales of plant and equipment during the year. No bonds or common stock were issued during the year. 6. The net cash provided by (used by) operating activities for the year was: a. $129. b. $81. c. $103. d. $116. 7. The net cash provided by (used by) investing activities for the year was: a. $78. b. ($78). c. $65. d. ($65). 8. The net cash provided by (used by) financing activities for the year was: a. $20. b. ($50) c. ($20). d. $30