Ending Beginning/ 2.Balance Balance
Assets
Cash and cash equivalents 1. $43 / 2. $35
Accounts receivable 1. $53 / 2. $59
Inventory 1. $73 / 2. $69
Plant and equipment 1. $582 / 2.$490
Less accumulated depreciation 1. (301) / 2.(286)
Total assets 1.$450 / 2. $367
Income Statement
Sales $893
Cost of good sold 587
Gross margin 306
Selling and administrative
Expense 189
Net operating income 117
Income taxes 35
Net income $82
The net cash provided by (used by) operations for the year was
A. $117.
B. $30.
C. $52.
D. $112.
The net cash provided by (used by) financing activities for the year was
A. ($18).
B. $5.
C. ($12).
D. $1.
The net cash provided by (used by) investing activities for the year was
A. ($92).
B. $77.
C. ($77).
D. $92.