Hocking Corporation's comparative balance sheet appears below:

Hocking Corporation Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Current assets:
Cash and cash equivalents	$37,000	$28,300
Accounts receivable	21,000	26,000
Inventory	70,000	65,000
Prepaid expenses	13,200	10,600
Total current assets	141,200	129,900
Property, plant, and equipment	446,000	426,000
Less accumulated depreciation	223,000	191,700
Net property, plant, and equipment	223,000	234,300
Total assets	$364,200	$364,200
Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$22,600	$15,000
Accrued liabilities	58,000	68,000
Income taxes payable	82,000	84,000
Total current liabilities	162,600	167,000
Bonds payable	94,000	85,000
Total liabilities	256,600	252,000
Stockholders' equity:
Common stock	40,000	32,000
Retained earnings	67,600	80,200
Total stockholders' equity	107,600	112,200
Total liabilities and stockholders' equity	$364,200	$364,200

The company's net income (loss) for the year was $(6,300) and its cash dividends were $6,300. It did not sell or retire any property, plant, and equipment during the year. The company uses the indirect method to determine the net cash provided by operating activities.

The company's net cash provided by operating activities is:

$30,600

$35,600

$18,700

$18,000