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Carriveau Corporation's most recent balance sheet appears below:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Current assets:
Cash and cash equivalents	$ 53	$ 42
Accounts receivable	51	27
Inventory	63	89
Total current assets	167	158
Property, plant, and equipment	892	563
Less accumulated depreciation	319	286
Net property, plant, and equipment	573	277
Total assets	$ 740	$ 435
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable	$ 44	$ 63
Accrued liabilities	33	26
Income taxes payable	56	48
Total current liabilities	133	137
Bonds payable	140	148
Total liabilities	273	285
Stockholders equity:
Common stock	98	93
Retained earnings	369	57
Total stockholders equity	467	150
Total liabilities and stockholders' equity	$ 740	$ 435

Net income for the year was $385. Cash dividends were $73. The company did not sell or retire any property, plant, and equipment during the year. The net cash provided by (used in) operating activities for the year was:

Multiple Choice

$31

$354

$416

$553