Marbry Corporation's balance sheet and income statement appear below.
Comparative Balance Sheet
Ending Beginning
Balance Balance
$ 46
49
66
161
480
259
221
$ 382
S 37
56
56
149
460
256
204
$353
Assets:
Current assets
Cash and cash equivalents
Accounts receivable
Inventory
Total current assets
Property, plant, and equipment
Less accumulated depreciation
Ret property, plant, and equipment
Total assets
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable
accrued liabilities
Income taxes payable
Total current liabilities
Bonds payable
Total liabilities
Stockholders' equity:
Common stock
Retained carnings
Total stockholders' equity
Zotal liabilities and stockholders' equity
$ 59
32
51
142
209
251
$ 51
22
51
124
132
256
36
61
50
81
131
$382
97
$353
Income Statement
Sales
Cost of goods sold
Gross margin
Selling and administrative expense
Bet operating income
Gain on sale of plant and equipment
Income before taxes
Income taxes
Bet income
$676
415
261
241
20
15
35
13
$ 22
Cash dividends were $2. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by fused in) financing activities for the year was:
Multiple Choice
$14
$123
O som
523