Use the following information to answer the question.
Use the following information to answer the question.,
Ending // Beginning,
Balance // Balance,
Cash and cash equivalents $43 // $35,
Accts. Receivable $53 // $59,
Inventory $73 // $69,
Plant & equipment $582 // $490,
Less accumulated depreciation (301) // (286),
Total assets $450 // $367,
Liabilities & stockholders' equity,
Accounts payable $57 // $48,
Wages payable $21 // $18,
Taxes payable $15 // $13,
Sales - $893,
Cost of good sold - $587,
Gross margin - $306,
Selling and administrative - $189,
Expense - $117,
Net operating income - $35,
Income taxes - $82,
Question - The net cash provided by (used by) financing activities for the year was,
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