Walmouth Corporation's comparative balance sheet and income statement for last year appear below: Comparative Balance Sheet Ending Balance Beginning Balance Cash and cash equivalents $ 40,000 $ 32,000 Accounts receivable- 89,000 79,000 Inventory 48,000 55,000 Prepaid expenses 8,000 11,000 Long-term investments 250,000 210,000 Property, plant, and equipment 550,000 550,000 Less accumulated depreciation 264,000 239,000 Total assets $ 721,000 $ 698,000 Accounts payable 58,000 46,000 Accrued liabilities 15,000 19,000 Income taxes payable 55.00 41,000 e Bonds payable 100,000 160,000 e Common stock 150,000 140,000 e Retained earnings 343,000 e 292,000 e e Total liabilities and stockholders' equitv $_721.000 $ 698.000 $ 2 Income Statement Salese Cost of goods solde Gross margin Selling and administrative expense Net operating income Income taxes Net income $ 870,000 450.000 e 420,000 e 270,000 e 150,000 45,000 $ 105.000 The company declared and paid a cash dividend of $54,000 during the year. It did not purchase or dispose of any property, plant, and equipment. It did not issue any bonds 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) operating activities last year was