Birchett Corporation's most recent balance sheet appears below:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets
Current assets:
Cash and cash equivalents	$27	$26
Accounts receivable	65	59
Inventory	49	55
Total current assets	141	140
Property, plant, and equipment	533	490
Less accumulated depreciation	234	231
Net property, plant, and equipment	299	259
Total assets	$440	$399
Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$28	$26
Total current liabilities	28	26
Bonds payable	169	200
Total liabilities	197	226
Stockholders equity:
Common stock	71	70
Retained earnings	172	103
Total stockholders equity	243	173
Total liabilities and stockholders' equity	$440	$399

The company's net income for the year was $91 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $22. The net cash provided by (used in) operating activities for the year was:

		$5
		$130
		$86
		$96